August 19, 2011

Osei Bonsu Amoah, the Member of Parliament for Aburi/Nsawam has urged government to halt the execution of the STX Korean housing deal and further investigate the controversy surrounding the deal.

His call comes in the wake of the dismissal of the Country Director of STX Engineering and Construction Ltd, Mr Bernard Kwabena Asamoah, which had deepened the uncertainty over the carrying out of the government’s affordable housing project.

The latest development is the result of a long protracted disagreement between the company’s Ghanaian and Korean directors over funding for the housing project.

An unsigned notice was posted on the entrance wall of the company detailing his dismissal.

The notice read: “Dear Guest, on August 18, 2011 the Board of STX Engineering and Construction Ghana Ltd has approved a resolution to remove Mr B.K. Asamoah from the Chief Executive Office and Mr George Padi from the position of Deputy Chief Financial Officer. They are not working in the office anymore.”

Contributing on the issue on Ghana’s BREAKFAST TV show on Friday 19th August, the Member of Parliament for Aburi/Nsawam Osei Bonsu Amoah stated that it was important that government does not rush in implementing the controversial deal in the face of glaring disagreement between partners of the company responsible for the execution of the project.

He noted that the opposition in calling for due diligence to be made on the STX Korea company prior to the contract being signed, did so with a clear mind since the minority realized all was not well with aspects of the deal.

“ The Minority have been vindicated, we raised series of objections about this deal in parliament, but the majority bulldozed their way through to approve the deal due to their numerical advantage, but now we all realize that the STX housing project is turning out to become a fiasco, after a year of sod cutting to commence the project, not even a single block has been laid’’ he said.

Hon. O.B Amoah advised government not to go ahead with the deal because of political gains but consider the negative implications on Ghana should the deal be executed.

By : Kwadwo Anim/