Tag Archives: Exclusive: Documents reveal untraceable $12.2m paid by PDS for ECG takeover

Exclusive documents secured by Joy News reveal that Power Distribution Services (PDS) paid the required $12.2 million premium to secure guarantee to finalise the takeover the Electricity Company of Ghana (ECG). However, the documents again reveal that the money never got to the reinsurers in Qatar. In the letter dated February 21, 2019, Cal Bank writes to the Millenium Development ...

Exclusive documents secured by Joy News reveal that Power Distribution Services (PDS) paid the required $12.2 million premium to secure guarantee to finalise the takeover the Electricity Company of Ghana (ECG). However, the documents again reveal that the money never got to the reinsurers in Qatar. In the letter dated February 21, 2019, Cal Bank writes to the Millenium Development ...