• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, October 23, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

Investigate unlawful termination of GPGC contract- NDC

M.Cby M.C
June 28, 2021
Reading Time: 4 mins read
M.Cby M.C
in General News
0
Investigate unlawful termination of GPGC contract- NDC

National Communications Officer for the NDC, Sammy Gyamfi

The National Democratic Congress (NDC) is calling for the investigation into circumstances leading to the termination of the GPGC Emergency Power Agreement (EPA).

Speaking during a presser,;the National Communications Officer for the NDC, Sammy Gyamfi, stated that the perpetrators of the act must not go unpunished.

“The NDC is hereby calling for investigation into the termination of the GPGC;EPA particularly the alleged recommendation by the committee for the said EPA.”

Sammy Gyamfi

He also stated that the financial loss the unlawful termination has caused the nation is unpardonable.

RelatedPosts

Nation Building Hinges on Strategic Planning, Execution; Mahama on Course to Deliver – Dep. Presidential Spokesperson

NPP Flagbearer Hopeful Rejects Power Politics, Champions Principle and Service

Competent AGs Prosecute in Court, Minority Chides AG

“Ghana has been slapped with this judgement debt as a result of wrongful termination by the government,;and their sloppiness in defending same at the arbitration and in court.

“As a party we are very sad that all of us will have to cough up this colossal amount of money $170million which is equivalent to Ghc1.2 billion and which accrues interest daily compounded on a monthly basis.”

Sammy Gyamfi
DJI 0137 Retouch 300
Ghana Power Generation Company site

Sharing the party’s position on the $170 million judgement debt,;he said the amount could have been channeled into providing infrastructural projects across the various sectors in the country. He added that these projects could have created jobs to improve the wellbeing of Ghanaians.  

“This colossal amount could have been channeled into the construction of thousands of dormitories and classroom blocks to end the obnoxious double track system which is undermining the quality of secondary tertiary education in the country.

“We can channel it into the provision of hospital beds and other facilities;to end the much dreaded no bed syndrome claiming so many precious lives.”

Sammy Gyamfi
GPGC EPA approved by Parliament

Sammy Gyamfi further stressed that the GPGC emergency power agreement;the Mahama administration entered into was not only approved by cabinet and the then minister for power, Honorable Kwabena Donkor but was approved by Parliament in line with the law.

“Aside the fact that it was approved by Parliament,;its terms are materially the same as executed by the then power ministry. Some of which like Karpower and Zenpower has been extended. The terms of the GPGC EPA were to a large extent more favorable to the interest of the republic of Ghana than all the other PPAs executed at the time.”

Sammy Gyamfi

He also revealed that the party’s investigations have revealed that;the claim that the PPA committee recommended the termination of the GPGC EPA is palpable falsehood.

ADVERTISEMENT

“This claims which is contained in an unsigned report making rounds on social media was part of offences of the Akufo-Addo’s government which were out rightly dismissed by the arbitration tribunal in their decision.”

Sammy Gyamfi
godfred dame
Attorney General, Godfred Dame
Attorney General, part of legal representatives

Touching on the Attorney Generals denial to have been involved in the case,;Sammy Gyamfi revealed that the government was represented by a legal team which included the now Attorney General,;Godfred Dame who has claimed not to be part of the legal team that represented the government.

Sammy Gyamfi then disclosed that claims by;the Attorney General that his attention was drawn to the issue after he was made the Attorney General is false. Also

“Our checks show that most of the sittings at the arbitration tribunal, he,;Godfred Dame was the one who led the government of Ghana side.” Also

Sammy Gyamfi

He further said the NDC is appalled by the incompetence and recklessness displayed by;the government with relations to the GPGC contract termination and the circumstances surrounding it.

Read Also: This has been one of the very best VGMAs ever- George Quaye

Tags: general newsGhana NewsGPGCJudgement debtNational Democratic Congress
Please login to join discussion
Previous Post

Ghana secures €280 million first Social Loan financing in SSA

Next Post

Trade Policy restraint prevented destructive acceleration of protectionism- Report

Subscription Form

Related Posts

Deputy Presidential Spokesperson Shamima Muslim
General News

Nation Building Hinges on Strategic Planning, Execution; Mahama on Course to Deliver – Dep. Presidential Spokesperson

October 23, 2025
Ing. Kwabena Agyei Agyepong 2 edited
General News

NPP Flagbearer Hopeful Rejects Power Politics, Champions Principle and Service

October 23, 2025
Competent AGs Prosecute in Court, Minority Chides AG
General News

Competent AGs Prosecute in Court, Minority Chides AG

October 23, 2025
President Mahama handingover ORAL Committee's findings to Attorney General and Minister for Justice Dr Dominic Ayine
General News

ORAL Must Move Beyond Catch-Up to a Robust Mechanism to End Looting – Analyst

October 23, 2025
Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill
General News

Minority Accuses Government of Running Away from Anti-LGBTQ+ Bill

October 22, 2025
Attorney-General Dismisses Pressure Claims, Reaffirms Independence of Justice Ministry
General News

Attorney-General Dismisses Pressure Claims, Reaffirms Independence of Justice Ministry

October 23, 2025
Deputy Presidential Spokesperson Shamima Muslim
General News

Nation Building Hinges on Strategic Planning, Execution; Mahama on Course to Deliver – Dep. Presidential Spokesperson

by evansjrOctober 23, 2025
Support Informal Sector, Worth GHȻ 7.4B in 2024Q4 – GSS
Economy

Support Informal Sector, Worth GHȻ 7.4B in 2024Q4 – GSS

by Michael Teye-Bio NaduteyOctober 23, 2025
General News

NPP Flagbearer Hopeful Rejects Power Politics, Champions Principle and Service

by Silas Kafui AssemOctober 23, 2025
Board of Directors Visits Bui Generation Station
Extractives/Energy

Board of Directors Visits Bui Generation Station

by Bless Banir YarayeOctober 23, 2025
Treasury Issues Sanctions Targeting Entities Linked To Iran’s Defence Industry
USA

US Hits Russia’s Oil Giants With Sanctions

by Comfort AmpomaaOctober 23, 2025
ECG to Pay Over GHS400 Million to Sector Player
Extractives/Energy

IMANI Warns Ghana’s Utility Sector Faces Collapse Without Realistic Tariffs 

by Prince AgyapongOctober 23, 2025
Deputy Presidential Spokesperson Shamima Muslim
Support Informal Sector, Worth GHȻ 7.4B in 2024Q4 – GSS
Board of Directors Visits Bui Generation Station
Treasury Issues Sanctions Targeting Entities Linked To Iran’s Defence Industry
ECG to Pay Over GHS400 Million to Sector Player

Recent News

Deputy Presidential Spokesperson Shamima Muslim

Nation Building Hinges on Strategic Planning, Execution; Mahama on Course to Deliver – Dep. Presidential Spokesperson

October 23, 2025
Support Informal Sector, Worth GHȻ 7.4B in 2024Q4 – GSS

Support Informal Sector, Worth GHȻ 7.4B in 2024Q4 – GSS

October 23, 2025
Ing. Kwabena Agyei Agyepong 2 edited

NPP Flagbearer Hopeful Rejects Power Politics, Champions Principle and Service

October 23, 2025
Board of Directors Visits Bui Generation Station

Board of Directors Visits Bui Generation Station

October 23, 2025
Treasury Issues Sanctions Targeting Entities Linked To Iran’s Defence Industry

US Hits Russia’s Oil Giants With Sanctions

October 23, 2025
ECG to Pay Over GHS400 Million to Sector Player

IMANI Warns Ghana’s Utility Sector Faces Collapse Without Realistic Tariffs 

October 23, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address