Power Distribution Services (PDS) Ghana, has released a statement responding to the Government’s decision to suspend their concession agreement.
According to PDS, it has always acted and will continue to act in good faith at all times.
PDS further added that it will go through due process by complying with the terms of the Transaction Agreements executed between it and ECG, on one hand, and with the Government of Ghana through Ministry of Finance on the other hand.
“PDS also wishes to assure the Ghanaian public that it will not rush to put any information until it has been sufficiently sustained, in the interest of safeguarding the transaction and the image of Ghana,” the PDS statement read.
Below is a copy of the full statement:
We hope this doesn’t go into judgement debt territory…