Former President John Mahama has sounded a warning to individuals involved in the new $800 million gas processing contract, stating that those responsible for financial losses will face prosecution.
During his Greater Accra Region tour, Mahama emphasized the contract’s need for parliamentary approval, citing its substantial value.
He cautioned that if the contract bypasses Parliament, a future National Democratic Congress (NDC) government will hold accountable those responsible.
Mahama’s concerns were sparked by the Minority in Parliament’s call for Ghana National Gas Company to submit the contract for scrutiny.
Minority Spokesperson on Energy, John Jinapor, revealed pressure on Ghana Gas’ Chief Executive to sign the contract without proper legislative review.
Jinapor claimed the initial tender with Phoenix had suspiciously transformed into an SPV (Special Purpose Vehicle) to evade parliamentary scrutiny.
Mahama criticized the government’s eight-year lack of investment in extra gas, questioning the sudden hurry to sign the contract.
He accused officials of seeking personal gains, emphasizing that the $800 million contract requires transparency.
Mahama assured that his government would monitor the situation and hold accountable anyone responsible for financial losses.
The Minority’s concerns and Mahama’s warnings highlight the need for accountability and transparency in Ghana’s gas sector contracts.
