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