Ghana’s Communications Minister criticized the sale of AirtelTigo for one dollar, calling the managers “enemies of the state” for burdening the country with a GHC3.5 billion debt.
The Minister questioned the patriotism of those involved and highlighted the company’s substantial debt to American Tower Company.
“Those who managed the AirtelTigo process are enemies of our state and individuals who have no sense of patriotism. So 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 stated.
Adding that “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 further questioned, “So 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?”
