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Samuel George Blasts $1 AirtelTigo Sale, Labels Officials “Enemies of the State”
The Minister for Communications, Digital Technology, and Innovations, Samuel Nartey George, has fiercely condemned the sale of AirtelTigo for just $1, despite the telecommunications company carrying a staggering GHC3.5 billion debt.
Addressing journalists in Parliament on Monday, March 24, the minister did not mince words, branding those behind the deal as “enemies of the state” with no sense of patriotism.
“Those who managed the AirtelTigo process are enemies of our state and individuals who have no sense of patriotism,” Hon. George stated.
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He expressed shock over the transaction, emphasising the scale of AirtelTigo’s liabilities.
“For anybody to have told us that they bought AirtelTigo for 1 dollar, and now that we have taken over the ministry, ATC (American Tower Company), just one of the companies AirtelTigo owes, has presented us with a bill of 1.5 billion Ghana cedis,” he revealed.
Hon. George further disclosed that during discussions with the American Embassy, AirtelTigo’s financial struggles emerged as a key concern.
“The American Embassy, along with their team, was in my office, and one of the major issues raised was the indebtedness to ATC. The debt sitting on the books of AirtelTigo exceeds 3.5 billion Ghana cedis,” he stated.
He also raised a critical question about who would bear the burden of the accumulating debt, now estimated at GHC 1.3 billion in outstanding payments.
“If someone told you that they bought it for 1 dollar, who is going to pay the 1.3 billion that is sitting there and accumulating interest?” he questioned.
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