[ 2017-04-27 ]

Philip Addison - Lawyer

‘Fraudulent’ AMERI has no expertise in power projects – Philip Addison
Ameri, the company at the centre of the
controversial emergency power agreement with the
government of Ghana during the National Democratic
Congress (NDC) administration, has no expertise in
building and managing power plants, according to
Philip Addison.

Mr. Philip Addison, the leader of the committee
tasked by the Minister of Energy; Boakye Agyarko
to investigate the agreement, said the project was
executed by third parties.

“If you see the contract, there is nothing in
that contract that tells you that it would be
performed by a third party. All the warranties and
guarantees were given by Ameri.

Now it turns out that this is a company that has
no idea, expertise, and history about power
projects; so how did they enter into this kind of
agreement? So if you make statements by which
another party is induced and it turns out that
those statements are false, they are fraudulent
misrepresentation,” he said.

According to Mr. Addison, Ameri only served as an
agent to secure the contract, but instead of
executing it, the company subcontracted other
companies including General Electronics (GE) and
Metcar to build, install and run the plants.

Speaking on Metro TV’s Good Evening Ghana
programme on Tuesday, Mr. Addison said the
committee has recommended a renegotiation of the
contract or outright abrogation if the
renegotiation proves futile.

“First of all, there is $150 million that is the
contract price, then they subcontracted it to PPR
for $360 million. So that is 150 million out of
the $510 million. In addition to that, in the
agreement, there are variable charges which had
been put in the agreement as $16.6 million.

I questioned this both here in Ghana and at Dubai.
At both places the answer I got was that it was a
mistake. The reason why it struck me was that, how
come a variable cost could have a fixed sum. I’m
advised that the plant even at maximum production
should be around $8 million,” he added.

Source - citifmonline.com

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