An Accra High Court has dismissed an interlocutory injunction case filed against the government on its plans to privatize part of the operations of Electricity Company of Ghana (ECG).
The ruling delivered by Justice Norvice Aryene said the plaintiffs lacked the capacity to bring the case to the court. She further explained that the plaintiffs failed to demonstrate how they will affected personally by the move.
A group known as the Coalition Against the Concession of ECG headed to court after they contended that the proposed plan by government is not in the best interest of the nation and must not be allowed to go through.
The coalition said it can't understand why government intends to hand out the management of ECG to an investor that will be injecting an estimated amount of $150 million over three years into the company.
This amount the group claims is far less than what ECG "as weak as it is" is currently investing in its distribution operations every year.
The coalition also contends that government at a cabinet meeting held on February 11, decided to hand ECG to any company or individual worth $400 million, an amount the group says is less than a tenth of what ECG is worth.
The groups say if government fails to respond they intend to hold a stakeholders conference to solicit views of stakeholders on an alternate structure for a private sector participation, petition the U.S. government with evidence of fraud against MIDA and subsequently bring a court action against government for failing to act in the supreme interest of Ghana.