Thursday, 24 June 2021

U.S. $170 Million Ghana Power Generation Company  Judgement-Debt Saga - Both NPP And NDC Failed  Mother Ghana Terribly

According to its website, the UN Commission On International Trade Law (UNCITRAL),  supports the Sustainable Development  Goals (UN SDGs), including ending poverty everywhere. It is a pity that that did not occur to the UNCITRAL tribunal panel members, who sat in London, when they ordered Ghana to pay US $170 million, as judgement debt, to the Ghana Power Generation Company  (GPGC).


Was it not obvious to them that the poor citizenry of  a highly indebted African nation, would ultimately suffer further deprivation, if their government had to pay judgement debt? Surely, that should have made them  bend over backwards, to prevent ordinary Ghanaians, from becoming the victims, yet again, of elite-perfidy, by granting the extended  period Ghana's tardy lawyers pleaded for, to enable them put in an appearance to fight the case?


There is no question that bribery must have secured that contested power purchase agreement. How else could that obviously inimical-to-the-common-good power purchase agreement, have been procured, by the Ghana Power Generation Company GPGC), other than by egregious-inducement -  of public officials whose fiduciary duty, it was,  to protect the national interest, at all material times, in the first place? Those who signed that bloodsucking-abomination of an agreement, during the Mahama-era, may have to go to jail, one fine day, oooo. Yooooooo...


Furtheremore, how possibly can those whose job it was, in the  Akufo-Addo  administration, to protect Mother Ghana, justify not acting with patriotic-dispatch, in ensuring that a matter in which Mother Ghana could  be forced to pay as much as some U.S.$170 million, in judgement debt, if it didn't secure well-intentioned legal representation (and thus lose  a winnable  clearcut-case, of an egregiously-induced power purchase agreement), was ably defended  -  regardless of their personal challenges to do with the December 2020 election campaigning and dealing with the dangers of the coronavirus, I ask?


They too, deserve to be investigated, and sanctioned, for causing financial loss, to the Ghanaian nation-state. In the matter of the UNCITRAL tribunal U.S.$170 million judgement debt awarded to GPGC, in London,  both the ruling New Patriotic Party  (NPP), and the National Democratic Congress  (NDC), regime of former President Mahama, let Mother Ghana down terribly. Pity.



Sent from Samsung tablet.







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