Minority in Parliament Demands Immediate Halt and Full Scrutiny of AT Ghana–Telecel Restructuring Deal

Minority in Parliament Demands Immediate Halt and Full Scrutiny of AT Ghana–Telecel Restructuring Deal

The Minority in Parliament has called for an immediate suspension of the ongoing restructuring process involving AT Ghana and Telecel Ghana, raising concerns that the move could undermine national interests if it proceeds without thorough parliamentary oversight.

At a press briefing in Accra on Wednesday, October 15, Matthew Nyindam, Ranking Member on the Communications Committee, emphasized that the proposed transaction is about much more than business. “This is not merely about the sale of a company,” Nyindam stated. “It is about protecting national institutions that have served Ghana diligently, nurtured some of the finest talents in the industry, and proved their strategic importance in moments of national crisis.”

Nyindam urged government officials, policymakers, industry experts, and the public to take decisive action to keep AT Ghana in Ghanaian ownership, stressing its significance to the country’s digital and economic future. “We must act decisively to ensure that AT remains in the hands of Ghanaians and continues to serve customers of our digital and economic future,” he added.

The Minority is demanding:

An immediate halt to the restructuring or consolidation process

A comprehensive parliamentary inquiry into the transaction

Full disclosure of all agreements, correspondence, and reports

Release of all transactional advice, including recommendations from AFROTEX/Rektron

A thorough financial assessment of AT Ghana to resolve the underlying issues

Nyindam insisted that Parliament must not be bypassed in such a consequential decision. “Any decision regarding the future of AT must be subject to full parliamentary scrutiny,” he said.

Meanwhile, the Minister of Communication, Digital Technology, and Innovations, Samuel Nartey George, has clarified that the restructuring is not a merger or acquisition but a response to a force majeure condition, and has assured stakeholders that jobs and customer interests will be protected.

Despite these assurances, the Minority maintains that transparency and accountability must drive the process, insisting that all actions regarding AT Ghana’s future must withstand the highest level of legislative examination.

Source: Apexnewsgh.com

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