A Member of Parliament’s Communications Committee, Ras Mubarak is demanding full disclosure from the government with regard to the decision to acquire 100 percent shares in AirtelTigo.
The call follows the announcement from the parent company of Airtel, Bhartei Airtel to fold up operations in Ghana.
Speaking in an interview with Accra based Citi FM and monitored by radiolinkgh.com, the Kumbungu MP described the deal as flawed.
“I find it unacceptable that my own government will enter into such an agreement – to use the taxpayers money to acquire 100% shares in AirtelTigo. They have not had the courtesy to inform the good people of Ghana what this is all about. I expect nothing but full disclosure of the details of this transaction. If you look at the liabilities of AirtelTigo at the moment it is almost a billion.”
“Why would the government want to use a billion [for such purpose]? If the government has that amount of money to offset the liabilities of AirtelTigo, would it not have been more prudent to use a portion of that to honour its obligations? To have entered into an agreement of this magnitude clearly smacks of something fishy.”