{"id":363951,"date":"2017-10-22T07:59:40","date_gmt":"2017-10-22T07:59:40","guid":{"rendered":"http:\/\/citifmonline.com\/?p=363951"},"modified":"2017-10-22T07:59:40","modified_gmt":"2017-10-22T07:59:40","slug":"cancelling-ameri-deal-will-be-disservice-to-ghana-donkor","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/10\/cancelling-ameri-deal-will-be-disservice-to-ghana-donkor\/","title":{"rendered":"Cancelling AMERI deal will be disservice to Ghana – Donkor"},"content":{"rendered":"

A former Minister for Power, Dr. Kwabena Donor, has warned that investments into the Ghana’s economy will be greatly affected if the AMERI power deal is canceled<\/a><\/strong><\/span>.<\/p>\n

He said this in a\u00a0Citi News<\/strong>\u00a0interview following a meeting with the Mines and Energy Committee of Parliament on Friday, about the role he played in ratifying the AMERI deal, which was passed by parliament in March 2015.<\/p>\n

[contextly_sidebar id=”8qYDcibBrrf5Hu5gQF59rIVovZtgSASO”]\u201cThe impact on future investment, if approvals by parliament can be rescinded, when a new government comes in with a new parliament because they have the numbers they rescind it, what will be the impact on Ghana\u2019s investment climate?\u201d he asked.<\/p>\n

\u201cAlready, for developing countries, there is a political risk of investment, and therefore we pay a premium for investment because of perceived political risk. If we aggravate this by rescinding decisions properly approved, because one government is in power, and has numbers to push it through, it will be short-term and it will not be in the national interest, and in my opinion, it will be misleading, I think a rescission will be a disservice to Ghana,\u201d he added.<\/p>\n

The AMERI power deal<\/a><\/strong><\/span>, a Build, Own, Operate, and Transfer (BOOT) agreement, was signed between the Africa and Middle East Resources Investment Group, and the Government of Ghana on the 10th<\/sup> of February 2105, during the country\u2019s severe energy crisis.<\/p>\n

The contract was awarded by former President John Mahama to the UAE-based energy company.<\/p>\n

As part of the agreement, the company was to provide Ghana with 300MW of energy to help improve the country\u2019s energy situation.<\/p>\n

After years of operation, the Adansi Asokwa Member of Parliament, K. T Hammond<\/strong><\/a><\/span>, who was the ranking member of the Energy Committee\u00a0of Parliament when the deal with signed, filed an urgent motion in Parliament to have the deal rescinded.<\/p>\n

According to him, this was because of fresh information he had received concerning the agreement which showed that the deal was fraudulent.<\/p>\n

Parliament’s Mines and Energy Committee is currently deliberating the\u00a0urgent motion for a possible reversal of the deal.<\/p>\n

We gave Ghana best deal; but gov\u2019t can scrutinize \u2013 AMERI<\/strong><\/p>\n

Meanwhile, the\u00a0Africa & Middle East Resources Investment Group LLC (AMERI), has stated that, its 2015 agreement with Ghana for the provision of a Power Plant in the heat of the country\u2019s power crisis, offered the \u201cbest value for money\u201d\u00a0despite\u00a0government findings<\/a><\/strong><\/span>\u00a0that the $510 million deal was bloated by $150 million.<\/p>\n

AMERI, in a statement following an appearance, before the Mines and Energy Committee of Parliament on Friday, however, said the\u00a0government had the right to review the deal if it felt it was being ripped off.<\/p>\n

–<\/p>\n

By: Farida Yusif\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"

A former Minister for Power, Dr. Kwabena Donor, has warned that investments into the Ghana’s economy will be greatly affected if the AMERI power deal is canceled. He said this in a\u00a0Citi News\u00a0interview following a meeting with the Mines and Energy Committee of Parliament on Friday, about the role he played in ratifying the AMERI […]<\/p>\n","protected":false},"author":5,"featured_media":341413,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[10,11],"tags":[1234,3,128,1187,1235,533],"yoast_head":"\nCancelling AMERI deal will be disservice to Ghana - Donkor - Citi 97.3 FM - Relevant Radio. Always<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/citifmonline.com\/2017\/10\/cancelling-ameri-deal-will-be-disservice-to-ghana-donkor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cancelling AMERI deal will be disservice to Ghana - Donkor - Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"og:description\" content=\"A former Minister for Power, Dr. Kwabena Donor, has warned that investments into the Ghana’s economy will be greatly affected if the AMERI power deal is canceled. He said this in a\u00a0Citi News\u00a0interview following a meeting with the Mines and Energy Committee of Parliament on Friday, about the role he played in ratifying the AMERI […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/citifmonline.com\/2017\/10\/cancelling-ameri-deal-will-be-disservice-to-ghana-donkor\/\" \/>\n<meta property=\"og:site_name\" content=\"Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/citi97.3\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-22T07:59:40+00:00\" \/>\n<meta name=\"author\" content=\"Jonas Nyabor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@citi973\" \/>\n<meta name=\"twitter:site\" content=\"@citi973\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jonas Nyabor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/citifmonline.com\/2017\/10\/cancelling-ameri-deal-will-be-disservice-to-ghana-donkor\/\",\"url\":\"https:\/\/citifmonline.com\/2017\/10\/cancelling-ameri-deal-will-be-disservice-to-ghana-donkor\/\",\"name\":\"Cancelling AMERI deal will be disservice to Ghana - Donkor - Citi 97.3 FM - Relevant Radio. Always\",\"isPartOf\":{\"@id\":\"https:\/\/citifmonline.com\/#website\"},\"datePublished\":\"2017-10-22T07:59:40+00:00\",\"dateModified\":\"2017-10-22T07:59:40+00:00\",\"author\":{\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/476b2fb2e9233445afbfa2662d85fe6b\"},\"breadcrumb\":{\"@id\":\"https:\/\/citifmonline.com\/2017\/10\/cancelling-ameri-deal-will-be-disservice-to-ghana-donkor\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/citifmonline.com\/2017\/10\/cancelling-ameri-deal-will-be-disservice-to-ghana-donkor\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/citifmonline.com\/2017\/10\/cancelling-ameri-deal-will-be-disservice-to-ghana-donkor\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/citifmonline.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cancelling AMERI deal will be disservice to Ghana – Donkor\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/citifmonline.com\/#website\",\"url\":\"https:\/\/citifmonline.com\/\",\"name\":\"Citi 97.3 FM - Relevant Radio. Always\",\"description\":\"Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/citifmonline.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/476b2fb2e9233445afbfa2662d85fe6b\",\"name\":\"Jonas Nyabor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/citifmonline.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b74e004fce505330b7ba17aeaae177b3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b74e004fce505330b7ba17aeaae177b3?s=96&d=mm&r=g\",\"caption\":\"Jonas Nyabor\"},\"url\":\"https:\/\/citifmonline.com\/author\/jonas\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cancelling AMERI deal will be disservice to Ghana - Donkor - Citi 97.3 FM - Relevant Radio. Always","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/citifmonline.com\/2017\/10\/cancelling-ameri-deal-will-be-disservice-to-ghana-donkor\/","og_locale":"en_US","og_type":"article","og_title":"Cancelling AMERI deal will be disservice to Ghana - Donkor - Citi 97.3 FM - Relevant Radio. Always","og_description":"A former Minister for Power, Dr. Kwabena Donor, has warned that investments into the Ghana’s economy will be greatly affected if the AMERI power deal is canceled. He said this in a\u00a0Citi News\u00a0interview following a meeting with the Mines and Energy Committee of Parliament on Friday, about the role he played in ratifying the AMERI […]","og_url":"https:\/\/citifmonline.com\/2017\/10\/cancelling-ameri-deal-will-be-disservice-to-ghana-donkor\/","og_site_name":"Citi 97.3 FM - Relevant Radio. Always","article_publisher":"https:\/\/www.facebook.com\/citi97.3","article_published_time":"2017-10-22T07:59:40+00:00","author":"Jonas Nyabor","twitter_card":"summary_large_image","twitter_creator":"@citi973","twitter_site":"@citi973","twitter_misc":{"Written by":"Jonas Nyabor","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/citifmonline.com\/2017\/10\/cancelling-ameri-deal-will-be-disservice-to-ghana-donkor\/","url":"https:\/\/citifmonline.com\/2017\/10\/cancelling-ameri-deal-will-be-disservice-to-ghana-donkor\/","name":"Cancelling AMERI deal will be disservice to Ghana - Donkor - Citi 97.3 FM - Relevant Radio. Always","isPartOf":{"@id":"https:\/\/citifmonline.com\/#website"},"datePublished":"2017-10-22T07:59:40+00:00","dateModified":"2017-10-22T07:59:40+00:00","author":{"@id":"https:\/\/citifmonline.com\/#\/schema\/person\/476b2fb2e9233445afbfa2662d85fe6b"},"breadcrumb":{"@id":"https:\/\/citifmonline.com\/2017\/10\/cancelling-ameri-deal-will-be-disservice-to-ghana-donkor\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/citifmonline.com\/2017\/10\/cancelling-ameri-deal-will-be-disservice-to-ghana-donkor\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/citifmonline.com\/2017\/10\/cancelling-ameri-deal-will-be-disservice-to-ghana-donkor\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/citifmonline.com\/"},{"@type":"ListItem","position":2,"name":"Cancelling AMERI deal will be disservice to Ghana – Donkor"}]},{"@type":"WebSite","@id":"https:\/\/citifmonline.com\/#website","url":"https:\/\/citifmonline.com\/","name":"Citi 97.3 FM - Relevant Radio. Always","description":"Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/citifmonline.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/citifmonline.com\/#\/schema\/person\/476b2fb2e9233445afbfa2662d85fe6b","name":"Jonas Nyabor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/citifmonline.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b74e004fce505330b7ba17aeaae177b3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b74e004fce505330b7ba17aeaae177b3?s=96&d=mm&r=g","caption":"Jonas Nyabor"},"url":"https:\/\/citifmonline.com\/author\/jonas\/"}]}},"_links":{"self":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts\/363951"}],"collection":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/comments?post=363951"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/posts\/363951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/media?parent=363951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/categories?post=363951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/wp-json\/wp\/v2\/tags?post=363951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}