Amid Termination Rumors: IMANI Africa Demands Pwalugu Dam Contract Scrutiny

In a recent development surrounding the Pwalugu Dam contract termination, Bright Simons, Honorary Vice President of IMANI Africa, has emphasized the need for clarity and transparency in addressing financial discrepancies related to the project.

Reacting to statements made by Agriculture Minister Eric Opoku regarding the contract termination, Simons expressed concerns over vague generalizations and urged for specific answers to crucial questions.

Questioning the government’s intentions in invoking the guarantee issued by Stanbic Bank for the advance payment to the contractors, PowerChina, Simons highlighted the potential loss of approximately $12 million paid to the contractor.

Furthermore, Simons raised doubts about the commercial viability of the project, pointing out issues with the project scope and financial feasibility.

He called for a review of the commercial feasibility plan, emphasizing the importance of transparency in demonstrating how the project would benefit local farmers.

Moreover, Simons underscored the need for clarity on proposed tariffs, budget overruns, and funding guarantees to ensure the project’s financial sustainability.

He criticized the project design and urged for a new strategy to make it economically viable. In light of the financial constraints faced by the government and the significance of the Pwalugu Dam project, Simons highlighted the importance of citizens advocating for transparency and accountability in government contracts.

With concerns about accountability and value for money, especially in a nation with limited resources,

Bright Simons’ remarks underscore the critical need for thorough analysis and transparency in addressing the challenges surrounding the Pwalugu Dam contract termination.