Ras Mubarak requests for total disclosure over gov't takeover of AirtelTigo

Kandey Alhassan October 31, 2020 0

 An individual from Parliament's Communications Committee, Ras Mubarak, is requesting total honesty from the administration on the AirtelTigo arrangement, depicting it as a "terrible arrangement." 

The administration declared on Tuesday that it was in cutting edge phases of conversations for the exchange of AirtelTigo offers to the state, alongside all clients, resources and concurred liabilities. AirtelTigo is one of the three prevailing versatile organization administrators in the nation, with a client base of 5.1m. 

An announcement from the Ministry of Communications stated: "the Government of Ghana, through this exchange, will incidentally work this public resource to the greatest advantage of the country, and guarantee the security of the interests, everything being equal, clients and partners, and a continuation of the computerized change in Ghana." 

Mr. Mubarak, notwithstanding, told Business24 in a meeting that he was disillusioned by the way that the exchange was first unveiled by India-based Bharti Airtel, one of the two significant investors of AirtelTigo. 

"I think that its unsatisfactory that my own administration will go into such a consent to utilize the citizen's cash to gain 100% offers in AirtelTigo, and they have not had the civility to illuminate the great individuals regarding Ghana what this is about, why it is going on and what amount is included. I don't expect anything yet total honesty of the subtleties of the exchange," the resistance Member of Parliament for Kumbugu said. 

He added that he thought that it was stressing that the legislature was endeavoring to turn into a major part in the broadcast communications industry, notwithstanding its additionally being a controller through the National Communications Authority. 

"In the event that you review, when [the government] offered then Ghana Telecom to Vodafone, the contention was that administration ought not be occupied with running broadcast communications; the private area was best positioned to be the one to be utilized as the driving force of development." 

Nonetheless, in its announcement, the Ministry of Communications stated: "given the multiplier sway the media communications area has on the economy and different related businesses, the Government of Ghana has gone into this consent to guarantee that large number of Ghanaian positions are shielded." 

Bharti Airtel in 2017 converged with Millicom's Tigo in Ghana to frame AirtelTigo. Preceding the merger, the Government of Ghana was an investor in Airtel Ghana with a 25 percent holding through the Ghana National Petroleum Corporation and held an alternative to secure extra offers after the merger.