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Dum-so has been banished -VRA CEO - The Chronicle Online

Dum-so has been banished -VRA CEO - The Chronicle Online
thechronicle.com.gh - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thechronicle.com.gh Daily Mail and Mail on Sunday newspapers.

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World Bank shoots down Alex Mould's claim on IPPs financing during dum-so

World Bank shoots down Alex Mould’s claim on IPPs financing during dum-so
The World Bank office in Accra has denied allegations suggesting that the Breton Woods Institution imposed Independent Power Producers (IPPs) on Ghana during the era of former President John Mahama, as claimed by a former Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC), Mr Alex Mould.
The World Bank also revealed that it had not made financing or guarantees to Independent Power Producers (IPPs) to cover Power Purchase Agreements with the Electricity Company of Ghana during the (Dum-so) energy crisis from 2014 to 2016.
The former GNPC CEO claimed recently that four IPPs constructed under the Mahama government were in fulfillment of a World Bank condition for the $750 million World Bank guarantee in respect of the ENI-led Sankofa-Gye Nyame gas project. ....

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