New Patriotic Party (NPP) Constituency Chairman for New Juaben North in the Eastern Region, Kwadwo Boateng-Agyemang, has chided the Millennium Challenge Corporation (MCC) over the withdrawal of $190m due to the termination of the Power Distribution Services (PDS) contract.
The MCC, following government’s decision to terminate the deal, said $190 million fund granted to Ghana at the March 1, 2019 transfer for the 20-year concession from Electricity Company of Ghana to PDS is no longer available.”
But, according to Chairman Agyenim Boateng, the statement from MCC suggests a blackmail which government must not succumb to.
“We are concerned about our relationships with the United States but relationships break so they can keep their money because we can survive without it. They don’t have the interest of PDS in which we have 51% share more than Ghanaians do.”
Speaking on Adom TV’s Badwam, Chairman Boateng urged President Nana Akufo-Addo to be firm on his decision to terminate the controversial PDS concession agreement with the Electricity Company of Ghana.
“Their statement is so bizarre and since they are doing everything in their interest, Ghana as a sovereign nation must also stand firm,” he said.
The Compact comprised two tranches of funding; the first being $308 million which was made available upon the official start of the current Compact, and the second tranche of $190 million, which was contingent on a successful concession agreement but the MCC says it has been withdrawn.