Legal practitioner, Ace Ankomah, has warned the country against contemplating abrogating the purchase contract with AMERI Group.
Any attempt to annul the deal will have dire financial consequences for the country, he said.
Given what he knows about how such deals work, the lawyer said, Ghana will end up spending more to abrogate than to keep the contract.
Ace Ankomah’s warning follows suggestions that government should cancel the contract which has seen AMERI ship 10 gas turbines to Ghana at a cost of $510 million instead of $220 million.
The Ministry of Power on Monday denied publications suggesting that the AMERI power deal was signed with a dubious company and at an inflated cost of $510 million.
Power Minister, Kwabena Donkor described the publication by the Norwegian newspaper VG as “false, misleading and a gross misrepresentation of the facts”.
The publication, which has been widely circulated in the Ghanaian media, among other things reports that one Umar Farooq Zahoor, a top official at AMERI is a wanted fraudster.
Farooq Zahoor according to VG is on the wanted list of Norwegian police and Interpol for his lead roles in various scams in Norway and other countries.
Ace Ankomah speaking on the issue in an interview on the Super Morning Show on Joy FM Tuesday said Ghana negotiated the deal from a weak position.
