Home / BUSINESS / PDS Saga: Greedy conspirators couldn’t agree on how to share booty- Dr Steve Manteaw

PDS Saga: Greedy conspirators couldn’t agree on how to share booty- Dr Steve Manteaw

Dr Steve Manteaw, Chairman of the Public Interest and Accountability Committee (PIAC) has revealed that the Power Distribution Services (PDS) deal had to be terminated because there were disagreements among the greedy  conspirators who unduly wanted to profit from the booty.

Speaking in an interview with Francis Abban on StarrFm Tuesday monitored by MyNewsGh.com, the relentless anti-corruption campaigner declared that the parties couldn’t agree on how to share their “booty”, adding that there may be a new plan to reintroduce the deal better packaged but still unduly profitable to undeserving persons.

“The reason we are where are today is because the parties who had conspired to shortchange this country could not agree on how to share the booty.

I see a grand design to terminate this concession, get rid of those difficult elements within the Ghanaian shareholding partners and then recreate a new vehicle and then bring the cronies and then share the booty,” he averred.

Meanwhile the United States government has withheld the $190 million dollars it had made available due to the supposed successful PDS concessionaire agreement.

A statement from the US embassy Tuesday said the Millennium Challenge Corporation (MCC) has confirmed that the money is no longer available after Ghana decided to terminate the concession agreement with Power Distribution Services (PDS).

The money was available upon a successfully executed concession agreement, the statement said.

“Based upon the conclusions of the independent forensic investigation, the U.S. position is that the transfer of operations, maintenance, and management of the Southern Distribution Network to the private concessionaire on March 1, 2019, was valid and therefore the termination is unwarranted,” the US says.


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