“What he refused to do is to take the total energy sector debt. Mr Amewu said on Tuesday that the government has cleared the GH¢2.63 billion legacy debts owed the Electricity Company of Ghana (ECG). The NDC had in February said its estimate of the total debt in the energy sector was above GH¢ 10 billion. So before President Nana Akufo-Addo came to power, he knew that the energy sector debt was 2.2 billion,” he said to emphasise his point for a full disclosure of the energy sector debt. ESLA is managed by KPMG and it issues debt securities to service the energy sector debts.
Source: GhanaWeb May 21, 2020 11:48 UTC