The Executive Director of the Africa Centre for Energy Policy (ACEP), Ben Boakye, has called for accountability over the AKSA power plant contract.

He made the comments on TV3’s The Key Points on Saturday, August 15, 2026, while discussing the conviction of former Goldman Sachs banker and former Tema Oil Refinery (TOR) Managing Director, Kwaku Asante Berko.

Asante Berko was convicted by a federal jury in Brooklyn, New York, over a bribery scheme linked to the development and financing of the AKSA power plant in Ghana.

Government disburses GH¢23.1 billion to clear road contractors’ arrears – Roads Minister

He said government officials involved in the approval of the deal should be held responsible for what went wrong.

According to him, proper due diligence was not done before the contract was approved.

“We can hold those who contracted the power deal accountable for everything that has gone wrong,” he said.

Boakye said a review of the deal showed that the figures did not justify the value of the contract.

“There was something amiss with the AKSA contract. When we checked the power plants, we saw $1.2 million and $1.8 million. We saw significantly lower investment, and yet we had a wrong contract worth 720 million dollars,” he said.

He added: “The maths about this contract didn't make sense.”

Boakye also criticised Parliament for failing to properly scrutinise the agreement before approving it.

“Parliament failed to do due diligence,” he said.

ANAS/VPO

Ghana's recovery due to superior economic management - Ato Forson