Minority in Parliament is expressing fear government may be setting the country for a huge judgement debt as it uncovers an attempt by the executive to give double approval to a $100 million loan agreement for traffic management in the Accra.
The contract agreement which is between the Government of Ghana, represented by the Ministry of National Security, Huawei Technologies Company Limited and the China National Import and Export Corporation for an amount of $100 million dollars is in respect of the Accra Metropolitan Area ICT-ENHANCED Traffic Management Project.
But the Minority says this is a disguised version of an already approved agreement. Per the Parliamentary Hansard of 22nd December, 2018, government gave approval to the Roads and Transport committee report on agreement between Ghana (Ministry of Roads and Highways) represented by the Department of Urban Roads and Beijing Everyway Traffic and Lighting Technology Company Ltd for an amount of US$ 100,000,000 for engineering, procurement, installation and commissioning of the Accra Metropolitan Area Intelligent Traffic Management project.
Addressing the press, former Roads and Highways Minister, Inusah Fuseini notes the two agreements make no difference and that government has changed the name of the contractor in the initial agreement and subsequently moving the agreement from the Roads and Transport committee to the Defence and Interior Committee.
Please send us your articles for publication via email@example.com
Latest News In Ghana – Click Here to Read Our Latest News Stories