Sunon Asogli Power Ghana Limited, an independent power producer, has denied receiving a portion of the $30 million that the Ministry of Finance claims it has directed to be released by the Controller and Accountant General’s Department (CAGD).
The company recently shut down its 560MW power plant due to an outstanding debt of $259 million owed to the Electricity Company of Ghana (ECG).
Dr. Elikplim Apetorgbor, Business Development Manager at Sunon Asogli Power Ghana Limited, stated that despite the government’s assurances, they had yet to receive the amount owed them.
In an interview with Accra-based Citi FM, he stated that all attempts to settle the debt through installment payments have failed, exacerbating the company’s financial situation.
“We received notification from the Controller and Accountant General’s Department in the first week of our shutdown. They informed us that the Ministry of Finance authorized them to pay us $30 million. But they are having some challenges.”
“It was in the week of salary payments and they have to split this payment into five or six tranches. We are in November, and not even one tranche has been received but the assurance was that they will try and pay one tranche in their week of salary payment and the rest will come before the end of October. Here we are, not even one of the tranches has been paid.”
“It is unfortunate the Ministry of Finance has been reduced to an official propaganda office. It is such a sensitive office to be used for that. I will advise that whatever information the Finance Minister provides or shares with the public, kindly double check to ensure that you are dealing with the right information,” he said.
By: Rainbowradioonline.com/Ghana
