Audio By Carbonatix
Revenue collection by the Electricity Company of Ghana (ECG) has moved from GH₵450 million to over GH₵1 billion monthly following the adoption of measures to block siphoning of money by some staff at the entity.
Vice President, Dr. Mahamudu Bawumia who disclosed this said it took digitization of the company’s revenue collection to identify the culprits.
Three employees of ECG, who allegedly conspired with a vendor to manipulate a software of the company are in court charged with stealing and money laundering.
The said power theft resulted in a total amount of GH₵1. 2 million of prepaid credits.
Addressing members of the NPP in London, the Vice President said it is now difficult for staff to manipulate the system.
ECG in March undertook massive disconnection exercise to recover GH₵5.7 billion debt asking its customers to pay up or get disconnected.
The institution said Private manufacturing industries and mining firms are the highest debtors, followed by some government institutions.
Latest Stories
-
Matthew McConaughey trademarks iconic phrase to stop AI misuse
1 hour -
Song banned from Swedish charts for being AI creation
1 hour -
Barcelona reach Copa del Rey quarter-finals
2 hours -
Players need social skills for World Cup – Tuchel
2 hours -
Labubu toy manufacturer exploited workers, labour group claims
2 hours -
Lawerh Foundation, AyaPrep to introduce Dangme-language maths module
2 hours -
US forces seize a sixth Venezuela-linked oil tanker in Caribbean Sea
2 hours -
Votes being counted in Uganda election as opposition alleges rigging
3 hours -
Ntim Fordjour accuses government of deliberate LGBT push in schools
3 hours -
National security task force storms ‘trotro’ terminals to halt illegal fare hikes
3 hours -
U.S. visa restriction development for Ghana concerning – Samuel Jinapor
3 hours -
Uganda election chief says he has had threats over results declaration
3 hours -
Quality control lapses allowed LGBT content into teachers’ manual – IFEST
3 hours -
Akufo-Addo’s name will be “written in gold” in Ghana’s history in the fullness of time – Jinapor
3 hours -
Tread cautiously about financial hedging – US-based Associate Professor to BoG
3 hours