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Thursday, March 28
Jinapor blamed the former Energy Minister in the government of President Nana Addo Dankwa Akufo-Addo's first term for causing a $170 million judgment debt to the state in a failed Power Purchase Agreement.
His reaction comes after the Attorney General said the Criminal Investigation Department (CID) of the Ghana Police Service, will investigate the Power Purchasing Agreement signed between the government and Ghana Power Generation Company (GPGC), exposing the nation to a financial loss.
"Irrespective of whether it was terminated before it became effective or not, the government was exposed to financial loss," he said.
The award of the judgment debt is in respect to a UNCITRAL award worth over US$134 million.
The AG said the agreement contained clauses, which rendered the government liable for payment of huge sums of money.
"The current $170 million, what was the reason for the judgment?.
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