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University Of Ghana Ignores VC’s Claim On $64 Million Contract

University Of Ghana Ignores VC’s Claim On $64 Million Contract

The University of Ghana (UG) has released a statement that seeks to indicate management’s silence on claims made by the former Vice-Chancellor, Professor Ernest Aryeetey in relation to a $64 million contract signed in the year 2015 during his administration.

The statement maintained that the claims were false and that Prof. Aryeetey “was referring to an agreement that is not known to the University” based on confidentiality clause.

Background

Former Vice-Chancellor of the University of Ghana, Professor Ernest Aryeetey, dismissed reports of impropriety in a $64 million Public Private Partnership (PPP) agreement with Africa Integras to construct four new academic buildings and 1,000 student hostel beds on the Legon campus under his tenure.

Professor Aryeetey told journalists that the University of Ghana had carried out the necessary due diligence and gone through the right procedures before the deal was signed.

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The project was structured as a 25-year Build, Operate and Transfer (BOT) contract.

Professor Aryeetey said all relevant stakeholders, especially the University Council were involved at every stage in the processes leading up to the signing of the agreement, adding that it would be erroneous for people to claim that they did not know anything about the project.

He also dismissed assertions that that he had received financial inducements to allow the project to proceed.

HOWEVER, The University has explained in a statement that the “agreement that Professor Aryeetey signed on behalf of the University contains a confidentiality clause that precludes the university from putting its contents into the public domain. The University is thus unable to respond to the false claims of the former Vice-Chancellor.”

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Denial

From the statement, the university expressed disappointment at “misstatements of facts made by Professor Aryeetey in his public statements.”

“The University of Ghana would like to dissociate itself from the contents of any publication contained in some print media concerning Professor Ernest Aryeetey. The University, neither by itself nor through a third party, authorized the publication of any such matters,” the statement added.

Credit: Story put together by essienlive with except of report by Delali Adogla-Bessa

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