KT not privy Philip Addison committee report<\/strong><\/p>\nMr. Hammond’s conclusion highlighting that Ghana will lose $150 million bears some similarity to the conclusion by the Philip Addison committee charged to review AMERI power deal.<\/p>\n
“I hear that Philip Addison and other colleagues were tasked to undertake some investigation. I am not aware of any official report resulting from the committee\u2019s hearing,\u201d the MP said with respect to those findings.<\/p>\n
Before Mr. Hammond filed his motion, the Philip Addison committee recommended that the AMERI deal be renegotiated or abrogated on grounds of fraud, after it concluded that Ghana was made to pay $150 million extra in commission.<\/p>\n
Ameri in its agreement with Government dated February 10th, 2015, charged Ghana significantly higher than what it was charged by the Turkish registered company, PPR, which financed and executed the project.<\/p>\n
The Turkish firm pegged the total cost of the project at a maximum of $360 million.<\/p>\n
However, in the Build Operate Own Transfer (BOOT) agreement signed between the government and AMERI, the deal was pegged at a minimum of 510 million dollars leaving Ameri with a commission of $150 million.<\/p>\n
–<\/p>\n
By: Delali Adogla-Bessa\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"
The legislator at the centre of the motion to have the AMERI agreement rescinded, K.T. Hammond, says his own independent investigations into the deal also reveal Ghana will lose at least\u00a0$150 million to AMERI. Speaking on Eyewitness News, Mr. Hammond said his\u00a0motion was “on the basis of very clear evidence of a few contracts that […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[1158,3,1187],"yoast_head":"\n
Ghana will lose $150m to AMERI - KT Hammond - Citi 97.3 FM - Relevant Radio. Always<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n