Morupule B�s P8 bn guarantee is too risky � PS

Appearing before the Public Accounts Committee (PAC) recently, the permanent secretary in the Ministry of Finance and Economic Development, Solomon Sekwakwa revealed that government had re-thoughts about giving the project a guarantee as it was not only a lot of money involved but there were issues of how government’s money would be protected.

“Government had re-thoughts about giving a guarantee to the Marubeni-Morupule B project considering the risk that comes with it. There are certain things that need to be discussed like how are we protected,” he said.