Sunon Asogli shutdown an act of ‘bad faith’ Minister of Finance [Video]

The shutdown of the 560-megawatt power facility has raised public concern over a potential return of ‘dumsor,’ the intermittent power outages that plagued Ghana in the past, with potentially severe economic impacts.

Speaking to the media following the Annual IMF-World Bank Meetings in Washington, D.C., Dr. Amin Adam assured the public that a resolution is close.

Negotiations to settle the debt are in their final stages, with an agreement expected within days to avoid further disruptions to Ghana’s power supply.

The Finance minister detailed the ongoing negotiations with Sunon Asogli, explaining that the Ministry of Finance recently made a one-off payment to Independent Power Producers (IPPs), including a US$30 million installment to Asogli.

Dr. Amin Adam …