Government sued over ECG sale - News Summed Up

Government sued over ECG sale


General News of Wednesday, 7 September 2016Source: Myjoyonline.comGovernment sued over ECG saleMarietta Brew Appiah-Oppong, Attorney GeneralAn advocate for the protection of public proper­ty has filed a suit at the high court seeking to stop the proposed Private Sector Participation (PSP) in Electricity Company of Ghana (ECG) Limited. He has cited the Attor­ney General, Millennium Development Authority (MiDA), Public Utilities Regulatory Commission (PURC) and the Energy Commission as the defen­dants. The plaintiff further averred that the critical mandatory requirement in the said PSP in ECG processes or transactions "are a tariff methodology and electricity distribution and sale respectively, for which the PURC and the Energy Commission are the two statutory bodies with exclusive mandate to pro­vide and grant." He said MiDA, acting through international Finance Corporation (IFC) which is the advisor or con­sultant, "has initiated and circulated a draft tariff methodology and electricity distribution and sale licence respectively without recourse whatsoever, to the PURC and the Energy Com­mission." The plaintiff contended that the conduct of MiDA in the whole processes is 'improper' and wants the court to intervene to restore some sanity.


Source: GhanaWeb September 07, 2016 08:03 UTC



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