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.

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

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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.

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

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“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.

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

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“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.

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

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

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“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.

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

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

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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.

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“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.

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