Three individuals have petitioned the Office of the Special Prosecutor (OSP) to investigate the involvement of Vice President and New Patriotic Party (NPP) flagbearer, Dr. Mahamudu Bawumia, in the botched Power Distribution Services (PDS) deal.
In a petition dated September 3, 2024, Issifu Seidu Kudus Gbeadese, Elikem Kotoko, and Stephen Kwabena Attuh expressed concern about the lack of transparency in a meeting chaired by the Vice President, which ultimately led to the signing of the PDS deal.
They argued that, “In the wake of the controversies, a report by MiDA and IFC cited a meeting chaired by the Vice President, Dr. Mahmoud Bawumia, and attended by the Chief of Staff, the Minister of Finance and the Minister of Energy. MiDA and IFC asserted that it was at this meeting that the decision was reached to downgrade the required Bank Guarantee or LOC to an Insurance Guarantee”.
Their petition specifically focused on Dr. Bawumia, alleging that he was the primary reason for the deal’s termination, stating that he “waived the most critical and essential conditions precedent the existence of which was necessary to warrant the formal transfer of the assets of ECG and the exercise of rights and obligations under the agreement”.
Read the full petition below;
