The Minority in Parliament is urging an immediate cessation of the ongoing restructuring process involving AT Ghana and Telecel Ghana, cautioning that this action could jeopardize national interests and should not advance without comprehensive parliamentary oversight.
During a press conference in Accra on Wednesday, October 15, Matthew Nyindam, the Ranking Member on the Communications Committee, articulated that the proposed transaction transcends a mere business arrangement, emphasizing its significance in safeguarding a national institution that has been pivotal in Ghana’s progress.
“This is not simply about the sale of a company,” Nyindam remarked. “It concerns the protection of national institutions that have diligently served Ghana, fostered some of the industry’s finest talents, and demonstrated their strategic value during national crises.”
He urged the government, policymakers, industry experts, and the public to take decisive action to ensure that AT Ghana remains under Ghanaian ownership.
The Minority is calling for an immediate suspension of the current restructuring or consolidation efforts, a thorough parliamentary investigation into the factors surrounding the transaction, complete transparency regarding all related agreements and communications, the release of transactional advice, including recommendations from AFROTEX/Rektron on the “highest and best use” of AT Ghana and a comprehensive financial evaluation of AT Ghana to assess its debt levels and address the issues that have caused service interruptions.
Despite the government’s reassurances, the Minority maintains that any decisions regarding AT Ghana’s future must be guided by principles of transparency and accountability.
