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
-
Compounded dilema of healthy and safe foods on our plates; any end in sight
2 minutes -
Nigeria urges AU action over xenophobic, Afrophobic attacks in South Africa
3 minutes -
Richmond Gyamfi to join Egersunds IK on loan from AGF
10 minutes -
ADB champions safer banking as GAB fraud awareness campaign climaxed
13 minutes -
Agyarko campaign denies rift with Bawumia, defends his record of service to NPP
17 minutes -
Ayariga inspects Kejetia Market Phase II, pledges push to complete project
21 minutes -
Chief Doli-Wura Zakaria wins GSA President’s Award for contribution to statistics and data science
24 minutes -
Government keeps GH¢2 diesel price cut for September
25 minutes -
2026 U20 WWC: 5 key Black Princesses players who will miss tournament
26 minutes -
CPS review of 9 years of Free SHS comes off tomorrow
27 minutes -
Djokovic in tears during US Open first-round exit
30 minutes -
Yusif Sulemana celebrates Gonja unity at Damba festival
31 minutes -
A Minister under watch: Zanetor’s burden of expectations
44 minutes -
Don’t make funding your starting point for green businesses – Entrepreneurs urged
51 minutes -
Skills gap in electric vehicles presents jobs opportunity for Ghanaian youth
57 minutes