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51% shares for AGI diverted to Enterprise Insurance

Fifty one percent Power Distribution Service (PDS) stake given to Association of Ghana Industries (AGI) to collate Ghanaian businesses to buy has been diverted.

According to Jantua an Energy expert and former Vice-Chairman of Pubic Interest and Accountability Committee (PIAC), Kwame Jantua, the 51 percent shares which President Akufo-Addo ordered be given to AGI to mobilise local businesses to acquire was diverted to Enterprise insurance, a company owned by Finance Minister Ken Ofori Atta.

Sept. 16, 2019

References:

• https://www.ghanaweb.com/GhanaHomePage/NewsArchive/PDS-deal-51-shares-for-AGI-diverted-to-Enterprise-Insurance-Jantua-781458
• https://www.classfmonline.com/business/PDS-deal-How-did-AGI-s-51-stake-end-up-with-Enterprise-Jantua-6917
• https://starrfm.com.gh/2019/09/pds-51-shares-for-agi-diverted-to-enterprise-group-jantua/
• https://www.ghanaweb.com/GhanaHomePage/NewsArchive/Full-speech-NDC-reacts-to-FTI-investigative-report-on-ECG-PDS-deal-779999