Former Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has stated that under-declaring revenues is not a criminal offence.He responded to a recent report claiming that ECG had failed to account for millions of generated revenue, saying there was no issue with this.

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In an interview with JoyNews’ Kofi Kyei on The Pulse on Thursday, January 16, Mahama defended his time at ECG, explaining that discrepancies occurred because the company had to cover its expenses, like salaries, before submitting revenue to the government.

look at the salary bill of ECG. Let’s consider how much ECG needs to keep the lights on in your districts, including maintenance on the

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lines. Where do you expect ECG to get that money from if ECG gives all the money it receives away?” he argued.Mr. Mahama also explained that the under-declaration was due to several factors, such as fluctuations in foreign exchange rates, where the rising value of the US dollar increases the cost of the cedi.

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The 2025 Ghana Energy Sector Recovery Programme (GESRP) report reveals that ECG under-declared a total of GH₵490 million between October and December 2023.

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