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Thursday, November 6, 2025

Akufo-Addo’s reckless decisions cost Ghana $190m – Energy Ministry fires over botched PDS deal

The Ministry of Energy has launched a blistering attack on the Akufo-Addo administration, blaming what it calls reckless and poorly thought-out decisions for Ghana’s loss of $190 million in Millennium Challenge Corporation (MCC) funding.

The accusation follows a ruling by an international arbitration tribunal in London, which dismissed all claims filed by Power Distribution Services (PDS) against the Electricity Company of Ghana (ECG), finally closing a three-year legal battle over the disastrous power concession deal.

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