A 17-member ministerial committee inaugurated by the Minister of Energy Boakye Agyarko on February 1, 2017 and tasked to probe the
The committee said the previous government through sole-sourcing questionably procured the power deal and has concluded that it was not only grossly unfair to the interest of Ghana, but could also be considered as fraud.
The committee in a report said, AMERI Energy plant have no license to operate in Ghana.
The chairman also recommended that the "Government of Ghana should repudiate the Agreement on the grounds of fraud" since Ameri Energy refused to come to the negotiation table.
"Even though the plant is operational, several omissions and concessions were made in the BOOT Agreement which require re-negotiation, amendments and restructuring of the Agreement. The Agreement simply is grossly unfair and is not as it presently stands, in the best interest of Ghana.
"The Committee has enumerated technical, financial and legal observations and recommendations in the report that are aimed at rectifying the anomalies in the BOOT Agreement for effective and efficient implementation of the project," the report added.
However, former Deputy Minister of Energy and Petroleum John Jinapor says the committee tasked to probe the controversial AMERI Power Agreement is political.
He said the committee’s report is inaccurate and political.
Read the full report here: Full report on Full report on $150m fraudulent AMERI deal50m fraudulent AMERI deal