Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has noted that the power producer has so far only been able to recover half of the debt owed it by consumers.

The ECG is owed about GH¢5.7 billion but according to Mr Dubik Mahama, "we have collected in excess of GH¢2 billion." "That is less than half," he added.

"But we have one more week to go before I am able to give my figures. I will sit down, do an assessment and then see. Why are people not paying? We will disconnect and prosecute," he said.

The ECG on March 20, 2023, embarked on its revenue mobilisation exercise which is expected to end on April 20, 2023.

Meanwhile, the ECG has responded to claims that its initiative forms part of conditions Ghana is supposed meet before receiving a credit facility worth $3 billion.

According to Mr Mahama, such reports are false and should be disregarded.

“If someone says this is IMF driven, it is very sad. That means that you don’t want to applaud ECG, because we took our time, and suffered what we had to suffer to get to where we are now. The dashboard showed us where we were leaking, where we were bleeding and what the billing system is saying, and then we lost our moral high ground by sitting in the office and being owed GH¢5.7 billion”.

“So we said let’s all move out in one month and see if we can close the gap and see if we can make everybody happy. Through this exercise, one of the things that will happen is that we will be able to clean our books,” Mr Mahama explained.

Source: The Independent Ghana