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GTV Snubs CP?s ?94m Sitting

Posted On Friday, 1st June 2012

IT APPEARS the ruling National Democratic Congress (NDC) will be doling out more of the Ghanaian taxpayer?s money to Construction Pioneers (CP) in addition to the whopping ?94million the Mills administration controversially presented to the construction firm as judgment debt, as the Ghana Television failed to give live coverage of the Public Accounts Committee (PAC) of Parliament sitting yesterday.

The Attorney-General and Minister of Justice, Dr. Benjamin Kunbuor, said government had defaulted in its own payment schedule of the ?94million to CP, and therefore might be compelled to pay more cash to the construction firm.

Dr. Kunbuor told members of the Public Accounts Committee (PAC) that there could be more financial loss to the state through another judgment debt as government had failed to pay the March 2012 installment.

Government had, in a negotiated settlement spearheaded by former Attorney-General Betty Mould-Iddrisu in March 2010, agreed to pay CP an amount of ?94,000,000 for alleged wrongful abrogation of some contracts by the State in 2003.

Subsequently, a payment schedule was further approved by the former Attorney-General for the settlement of a remaining amount of ?80million by the end of June 2012 after she had authorized the payment of ?14million to the construction firm as part payment of the negotiated settlement claims of the ?94million.

According to Dr. Kunbuor, government failed to pay the installment for March because the matter was before the Parliamentary committee.

He said he wrote a letter to the PAC to find out whether payment of the installment could affect the matter before the committee, but unfortunately he did not receive any response.

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