Energy Minister John Abdulai Jinapor has exposed what he describes as corrupt dealings within the Electricity Company of Ghana (ECG), particularly in the management of crucial equipment.

Jinapor explained that ECG has persistently failed to clear essential electrical supplies from the port, leading to avoidable financial losses.

He disclosed a $500,000 fraud at ECG, where key equipment was auctioned for only GHC100,000 and then repurchased by ECG at $300,000.

He emphasized a troubling case where valuable equipment was left unclaimed and later auctioned off at a drastically reduced price.

“I checked with the port, and the security report I received shows that a container worth about $500,000 was imported. ECG couldn’t clear it, and somehow, someone was able to buy it at auction for 100,000 cedis, then resell it to ECG for $300,000,” he revealed during an interview on TV3.

outraged by the situation, the minister vowed to put an end to these practices, pledging to overcome any opposition.

“It will stop. And I mean it will stop. Whatever it takes to stop that, no matter how unpopular that may be, we must take action,” he declared.

The revelation has raised significant doubts about the accountability of ECG, prompting calls for urgent reforms to curb further financial mismanagement.

In light of this, John Abdulai Jinapor has established a committee to scrutinize the procurement activities of ECG under the Akufo-Addo administration.

“So we’ve commissioned a committee to investigate ECG’s procurements and the cost of these containers stuck at the ports. The committee is doing a very good job,” he added.

Jinapor further mentioned that, based on early findings, previous ECG leadership failed to follow the appropriate procurement rules and procedures.

“So far, the preliminary reports I have gotten indicate that there’s massive rot at ECG.”

In light of these findings, the Minister revealed plans to conduct a comprehensive audit of the energy sector, covering both human resources and technical aspects.

“But beyond that, there will be another technical report. What the PwC has done is a financial audit. We want to do a human resource audit, a deeper audit of the entire energy sector, which will then give us a clear picture of the inefficiencies so that we can tailor that in terms of our policy objective and policy directive to address this.” Jinapor disclosed.