The Association of Ghana Industries has rubbished media reports indicating that they have 51% shares in the Power Distribution Service (PDS) concession agreement which has been diverted to Enterprise Group.

According to a statement copied to GhanaWeb and signed by Mr Seth Twum-Akwaboah, AGI stated that they were part of the initial stakeholder engagements over the concession agreement but their discussions focused on Private Sector Participation (PSP) and the need to ensure local content in the concession agreement.

"We are therefore not aware of any diversion of shares due AGI to the Enterprise Group as reported," the statement reads.

Read full statement below