GOVERNMENT SUSPENDS CONTRACT WITH PDS. The government through the Ministry of Finance and the Electricity Company of Ghana Ltd. has suspended the concession agreement with Power Distribution Services (PDS) Ghana Limited with immediate effect.
Read also: “FREE SHS WILL BE CANCELLED IF” – CARLOS AHENKORAH »
The decision follows the detection of fundamental and material breaches of PDS’ obligation in the provision of payment securities (Demand Guarantees) for the transaction which have been discovered upon further due diligence.
Stay tuned: Don’t forget to Hit the Red Bell on your right to receive news prompt.
