Home News 'Letting Turkish Company Control 66% Of KIA Simply Means You’ve Sold It'...

‘Letting Turkish Company Control 66% Of KIA Simply Means You’ve Sold It’ – PSWU

The Deputy General Secretary of the Public Services Workers Union (PSWU) of the Trades Union Congress (TUC), Mr John Sampa, has said if a proposed strategic partnership agreement between the Ghana Airport Company Limited (GACL) and TAM-SUMMA Consortium, a Turkish company, concerning the management of the Kotoka International Airport is approved, the deal will force the hands of the government into privatising the national asset.

Mr Sampa said per some documents available to the PSWU, the government of Ghana will control only 34 per cent shares of KIA if the deal gets the nod.

According to him, even though the government has denied that KIA is being sold, the agreement, as it stands, will make the private company the majority shareholder.

He told Accra100.5FM’s parliamentary correspondent Richard Appiah Sarpong in an exclusive interview after a press conference in Accra on Monday, 13 July 2020 that: “The KIA workers are part of this union and, so, we had a meeting with them last week. During that meeting, they showed us documentation to the effect that the KIA is about to be sold”.

“They showed us a proposal from the government, which centres on public-private partnership and one that when approved, will give the government only 34 per cent and the Turkish company consortium 66%”, he said.

“If you enter into an agreement with someone who will have 66 per cent shares, then it simply means you have sold the company.”

Mr Sampa’s comments come after Aviation Minister Joseph Kofi Adda denied media reports that KIA was being sold.

According to the Minister, what is being considered for deliberation by the Ministry and shareholders including GACL, is a strategic partnership to improve service delivery and expansion of infrastructure at the airport to achieve the government’s vision of making Ghana the aviation hub within the West African sub-regions.

 

Edrine Yeboahhttp://Zackgh.com
I'm Edrine, popularly known as Edrino Greatness, a Ghanaian sensational blogger with so much passion for blogging. I'm a Team player and can work under any circumstances. I believe in possibilities and can do spirit. You can get in touch with me by contacting me on +233570405064 or Send me a messsage on WhatsApp. @Zackgh.com we publish Articles and also help promote upcoming and mainstream Artistes to upload their songs as well on our page. I leave you with my favorite quote "Every dream is possible and there is nothing one cannot do if you put your mind to it".

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