Audio By Carbonatix
The Electricity Company of Ghana (ECG) has come under intense scrutiny after revelations of massive budget overruns at Parliament’s Public Accounts Committee (PAC).
The utility company’s Chief Executive and his team were grilled over unapproved spending amounting to GH¢189.2 million.
Citing details from the 2024 Auditor-General’s Report, Ranking Member Samuel Atta Mills delivered a blistering critique of the company’s financial conduct, accusing ECG management of blatant fiscal indiscipline and disregard for due process.
“On staff fuel, ECG budgeted GH¢2.8 million but spent GH¢3.6 million," the Komenda-Edina-Eguafo-Abrem (KEEA) MP noted, quizzing sarcastically, "did they drive around the world?”
The trend continued across multiple expenditure lines:
- Communication expenses: budgeted at GH¢4.2 million, spent GH¢7.9 million.
- Consultancy: budgeted at GH¢40 million, spent ₵58.6 million.
- Industrial relations: budgeted at ₵2 million, spent ₵13 million.
- Stakeholder expenses: budgeted at ₵3.1 million, spent ₵49 million.
- Publicity: budgeted at ₵5.7 million, spent ₵21.8 million.
- Professional fees and subscriptions: budgeted at ₵731,000, spent ₵1.5 million.
- Overseas travel: budgeted at ₵14 million, spent ₵29.8 million.
- Call centre operations: budgeted at ₵23.5 million, spent ₵29.3 million.
In total, ECG’s approved budget was GH¢144 million, but its actual expenditure ballooned to GH¢333 million, nearly double the allocation.
Mr Atta Mills condemned the spending spree as “financial indiscipline”, urging that sanctions under Section 96 of the Public Financial Management Act (Act 921) be applied against the officers responsible.
“This level of recklessness cannot go unpunished,” he declared. “Those managers who were involved should face the Attorney-General for prosecution — it’s that simple.”
The PAC session has intensified calls for accountability within ECG, especially as the utility company continues to push for tariff increases amid public frustration over high electricity bills and operational inefficiencies.
Latest Stories
-
Parliament approves GH₵357 billion budget for 2026
3 minutes -
MAX and Bolt announce strategic partnership to power electric mobility and vehicle ownership in Ghana
19 minutes -
Greater Accra poultry farmers association says it was excluded from gov’t ‘Nkoko nkiti nkiti’ initiative
33 minutes -
Michael Adangba survives dawn road crash en route to Bolgatanga
37 minutes -
Court remands 40-year-old man for alleged murder
37 minutes -
AngloGold Ashanti Obuasi mine donates fire tender to boost emergency response in municipality
39 minutes -
Gov’t introduces sliding-scale mining royalties to capture price gains
50 minutes -
Global Africa Summit Accra 2025 rallies investors, diaspora and policymakers to boost trade and growth
52 minutes -
New research suggests a better way to fight littering in Ghana
52 minutes -
We must protect our own – Adutwum spokesperson calls for Ashanti solidarity
1 hour -
FDA shuts down 7 Foreign shops in Kumasi over unapproved, foreign-labelled products
1 hour -
13 arrested as Central East Police crack down on crime in Senya Beraku enclave
1 hour -
Kumasi residents raise alarm over poor street lighting ahead of Christmas
2 hours -
Police swoop in Kintampo nabs 13 in drug bust, seizes cannabis and tramadol
2 hours -
Activist urges stronger border security, environmental protection, and accountability
2 hours
