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Trafigura judgement debt: Gov’t terminated GPGC contract over a family feud – John Jinapor

John Jinapor Screenshot 2024 08 23 030402.png John Abdulai Jinapor

Fri, 23 Aug 2024 Source: Joy News

John Abdulai Jinapor, Ranking Member on Parliament’s Energy Committee, claims that President Akufo-Addo terminated a power purchase agreement with Trafigura’s Ghana Power Generation Company (GPGC) due to a personal feud, rather than in Ghana’s interest.

Jinapor alleges the contract was canceled to "teach someone a lesson," only for the government to later sign a similar deal with another company.

His remarks follow Trafigura's seizure of Ghana's Regina House in London after the government failed to pay a $134 million judgment debt related to the contract's termination.

Jinapor expressed concern about the challenges a future National Democratic Congress (NDC) administration will face in addressing these issues.

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Source: Joy News