Jump to navigation

Vol 6 (AAC) No 1

Published 1st November 2012


Ghana

Political storm over Chinese gas contracts

Opposition parties and anti-corruption activists call for investigations into and a renegotiation of Beijing’s energy and telecoms deals with Accra

Leading opposition presidential candidate Nana Addo Dankwah Akufo-Addo and his New Patriotic Party are stepping up criticism about the financing of Chinese projects in the energy and telecommunications sector. Akufo-Addo and the pro-NPP Alliance for Accountable Government (AFAG) have criticised the terms of the finance as damaging to Ghana. AFAG says that China’s Huawei secured US$43 million in tax exemption in return for contributions to the ruling National Democratic Congress. On 18 October, the Civil Society Platform on Oil and Gas (CSPOG) called for an investigation into transfer pricing and inflated costs for the gas infrastructure being built by China’s Sinopec in Ghana’s Western region.

End of preview - This article contains approximately 1768 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.


If you have a print subscription already, click here for a password that gives you full access to the website.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.