The Minister for Communications, Digital Technology and Innovations, Mr Samuel Nartey George, has strongly condemned the sale of AirtelTigo, labeling the individuals involved in managing the transaction as “enemies of the state.”
He criticized the decision to sell the telecommunications company, which is burdened with a debt of GHC 3.5 billion, for just one dollar.
During a press briefing in Parliament on Monday, March 24, the Minister expressed deep concern over the sale, questioning the patriotism of those responsible.
He pointed out that while the company was sold for a token amount, it had significant liabilities, particularly a debt to American Tower Company (ATC), one of the creditors.
ATC has reportedly presented a bill of 1.5 billion Ghana Cedis to the government, further exacerbating the financial situation.
George also revealed that discussions with the American Embassy had highlighted the scale of AirtelTigo’s financial troubles, noting that the company’s total debt exceeds GHC 3.5 billion.
He raised the critical question of who would be responsible for repaying this debt, especially considering the growing interest on it.
The Minister’s remarks underscore the controversy surrounding the sale, which he argues puts the state in a difficult financial position.
