'Vodafonegate' rumbles on: the controversy surrounding the sale of 70% of state-owned Ghana Telecom to Vodafone International continues to rumble on. The sale was made towards the end of the former administration's period in office and had been heavily criticised. Will the deal stick? Stephen Gyasi Jnr unravels the tangled threads of what has been dubbed 'Vodafonegate'.

African Business › Nbr. 2010, January 2010

Author: Jnr, Stephen Gyasi

Position:: GHANA

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Extract

'Vodafonegate' rumbles on: the controversy surrounding the sale of 70% of state-owned Ghana Telecom to Vodafone International continues to rumble on. The sale was made towards the end of the former administration's period in office and had been heavily criticised. Will the deal stick? Stephen Gyasi Jnr unravels the tangled threads of what has been dubbed 'Vodafonegate'.

Having promised the electorate that it would rigorously investigate the deal that saw Vodafone acquire a majority stake in state-owned Ghana Telecom (GT), the new administration of President John Atta Mills was put on notice to deliver its pre-election pledge by outspoken opposition MP Paul Collins Appiah-Ofori--thus setting the cat among the pigeons.

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