Karpower And AMERI Deals Are Economically Imprudent And Fraudulent

A leading member of New Patriotic Party (NPP) in Germany, Mr. Kwadwo Anim in a careful analysis of the Karpower and AMERI deals has concluded that President John Dramani Mahama caused economic imprudent and fraudulent.

According to him, Egypt and Abu Dhabi are each constructing 1800 megawatts and 1600 megawatts power plants respectively at an average cost of $1.4 billion each but the AMERI and Karpower deals which will only produce 500 megawatts for Ghana is estimated to cost close to $2 billion.

In a statement copied to Peacefmonline.com, Mr. Anim has highlighted that there is an excess of $160 million dollars from the stated $510 million cost of the 10 Gas Power Plants by government being kept by AMERI for no job done.


Below Is The Full Statement By Mr. Kwadwo Anim, NPP-Germany:


KARPOWER AND AMERI DEALS ARE ECONOMICALLY IMPRUDENT AND FRAUDULENT

As good citizens of Ghana, we have followed the AMERI and Karpower deals with keen interest. We have read most of the criticisms and defences in relation to these deals from government, opposition parties and Civil Society Organizations when they cropped up and we have come to the conclusion that, these two deals are economically imprudent and fraudulent.

Our conclusion on these being fraudulent and economically imprudent arose after our careful analyses of statements issued from all angles on these issues are as below;

Two very wealthy countries, Egypt and Abu Dhabi especially in a comparison with Ghana are each constructing 1800mw and 1600mw power plants respectively at an average cost of $1.4 billion each while the AMERI deal and the Karpower together are getting Ghana only 500mw at an estimated price of close to $2 billion.

Secondly, checks from the AMERI deal shows that AMERI as the third party in this deal is doing nothing to earn a payment since METKA as the second party is doing the procurement of the 10 Gas Plants from the manufacturer, General Electric’s (GE) in addition to the engineering, construction, building, operations and maintenance of the Power Plants all at a total cost (with profit) of not more than $350 million (payable in 5 years).

Meaning there is an excess of $160 million dollars from the stated $510 million cost of the 10 Gas Power Plants by Government being kept by AMERI for a no job done, unless there is a job being done by AMERI Group to merit this $160 million which might be known to Government but unknown to us.

We are as a result of the above saddened at why President Mahama and his NDC led Government could still be this continuously heartless to Ghanaians after his already push of Ghana into this current bad economic conditions.

Thank you.

Mr. Kwadwo Anim…00491521387663
(A Leading NPP Member, Germany)