The US has responded to Ghana government’s "intention" to terminate the power concession agreement with the Power Distribution Services (PDS) over fraud.
In a statement, the US said the termination is unwarranted.
The Millennium Challenge Corporation (MCC) which is the US partner, helping Ghana with some GH ¢ 500million says the second tranche of the money, GH ¢ 190million is no longer available as a result of the termination.
Ghana government is yet to respond to the latest reaction by its US partners on the wayforward.
Read the full statement:
---with files from Myjoyonline.com