March 19, 2019


 At the blind side of the average Ghanaian the local content component of the PDS/ECG deal was carved out for a prominent barbershop owner and a known friend of the Akyem family, He has been found in the Electricity Company of Ghana (ECG) Concession agreement between Ghana and the consortium of investors led by the Manila Electric Company (Meralco).
Philip Ayesu, owner of X Men Barbershop at East Legon in Accra, who has no known expertise in electric power management and distribution; however, he is involved in the Consortium on the claim that, he brought the Manila Electric Company (Meralco) into Ghana to take part in the bid to manage the state-owned ECG.

Philip Ayesu, described as a staunch member of the governing New Patriotic Party (NPP), has been a close friend and neighbor to President Akufo-Addo’s nephew, Gabby Asare-Otchere Darko.
Indeed, for years now, his barbershop, has been cutting the hairs of Gabby, Dr. Bawumia, Nana Asante Bediatuo, Godfred  Odame. 
Philip Ayesu, is currently a Board Member of the National Communication Authority (NCA) and was placed there together with Kwaku Sakyi Addo and Paul Adom Otchere by Gabby even against Hon.Ursula Owusu’s opposition. 

Interestingly, David Nana Yaw Asare, a manager at Zoomlion, has also been noted as the one who specifically traveled to Manila, the capital of the Philippines to Meralco, and claims that he brought Philip Ayesu onboard to make use of his political clout within the NPP and the Akufo-Addo government.

Philip Ayesu through a company called, TG Energy Solutions Ghana, which has 28percent shares in the Consortium of investors, making it the second largest shareholder in the transaction ,which will see EGC being managed for 20 years.  Meralco, has 30percent shares in the transaction.

The NPP Member of Parliament (MP) for Sekondi, Andrew Agyapa Mercer, who is lawyer for Zoomlion, has also been fingered as the person who led the incorporation of the company involved. 

Lawyer Sophia Kokor, a worker at the Gabby Asare-Otchere Darko’s Danquah Institute is a known Director of TG Energy Solutions Ghana. 
One must take not that the Finance Minister is not exclusives from this deals, Keli Gadzekpo who is Ken Ofori Atta’s life long friend was appointed Board Chairman of ECG to the surprise of many because that was not his field, little did we know that they had this full scale plan of owning the Nations Electricity Supply chain. 

Investigation into the ECG Concession agreement established that, Ghanaians had been given a raw deal, with the key state asset going away under some fishy and untidy circumstances.
Gabby , Ken Ofori Atta and their cronies are estimated to make 134 Million USD annually for the next 20 years. 

Interestingly, the Millennium Development Authority (MIDA) led by its Chief Executive Officer (CEO), Martin Esson Benjamin, had on the basis of conflict of interest, rejected another investor, BXC Ghana, accusing it of failing to disclose its working relationship with ECG ahead of the bid. The case eventually landed in court, but the court ruled in favour of MIDA.

Indeed, some of the companies, particularly TG Energy Solutions Ghana, looked hurriedly formed purposely to harvest these free monies through the concession arrangement.
It is known that the company had no technical expertise in the energy sector and also lacked financial muscle to manage ECG with its 6,000 workforce.
MIDA, also came across as having failed to do due diligence on the TG Energy Solutions Ghana and its ties to the MP or perhaps per the claims of David Asare, that Philip Ayesu’s political connections within the Akufo-Addo government to get onboard the consortium as it was also clear MIDA did not do any technical and financial audit of all the companies, especially TG Energy Solutions Ghana, before handing over the strategic national asset to them.


Lawyer Andrew Kofi Egyapa Mercer, in an interview with Manasseh Azuri admitted being a Director of TG Energy Solutions Ghana, but said he cannot be accused of conflict of interest, because he had explained his role in the company to the Minority Leader, Haruna Iddrisu, who had in Parliament questioned him on his involvement with the company.

The Sekondi MP, claimed he was only engaged as a lawyer to register the TG Energy Solutions Ghana, but he decided on his own to act as director and secretary to the company, until the owner, David Asare, settled down for business and appoints substantive officers. When this was done, he (Mercer) will resign from his two positions in TG Energy Solutions Ghana.
His office address on the 7th Floor of Heritage Tower in Accra, has been identified as the “Principal Place of business” for the company.

He also denied participating in the voting process which approved the deal saying, “I was not even in the chamber when the process was pushed through”. I didn’t participate… In any event, it was a voice vote. It was not a recorded vote”. To him, if there were divisions, and Parliament had gone into various sides, then he could be accused of conflict of interest, but this did not happen, and the vote was by voice.
Lawyer Mercer, also claimed he was not aware that TG Energy Solutions Ghana was participating in the EGC concession process until the agreement came before Parliament, and Haruna Iddrisu, saw his name and drew his attention.

It is not clear, who saw the Sekondi MP on July 24, 2018, walking out of Parliament ahead of the voting exercise and can vouch for this.

The five companies involved in the consortium are; Manila Electric (Meralco) of The Philippines, 30 per cent; Aenergia SA (Angola), 19 per cent; Santa Baron Ventures Ghana, 13 per cent; TG Energy Solution Ghana,; GTS Engineering Ghana Limited, 10 per cent, and TBK Ghana Limited, 10 per cent.


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