The Auditor-General (A-G) states that the Electricity Company of Ghana (ECG) breached the law with their meter procurement.
The A-G's report indicated that the company contravened the Public Procurement Act in the expenditure, which amounted to over $145 million.
The report also noted that ECG failed to recover a surplus of GH53.9 million identified through monitoring efforts and did not pursue legal action against customers engaged in electricity theft, missing a chance to discourage such activities.
The audit carried out between August and December 2022, covered the period from 2016 to 2021 and included examinations at various ECG locations, such as the headquarters, the Metering and Technical Services (MTS) Division, the Materials and Depot in the Greater Accra Region, along with four selected regional and nine district offices.
“ECG signed 50 contracts to procure 862,750 meters and its accessories amounting to USD145,010,153.92 over the audit period without adhering to the requirement of the Public Procurement Act.”
“During our audit period, ECH was unable to recover all the GHC 53,988,463.31 that it detected through monitoring, and failed to prosecute customers who were engaged in power theft to serve as a deterrent to others,” the report stated.
In a letter to the Speaker dated June 2, 2023, Auditor-General Johnson Akuamoah Asiedu advised that the ECG should ensure all procurement activities adhere to the Public Procurement Act.
Latest Stories
-
Ukraine’s Grain Initiative raises over $200m, provides lifeline amid global food crisis
28 mins -
Dancehall queen Spice donates to students of 3 basic schools in Accra through MYO Global Foundation
36 mins -
Kamal-Deen Abdulai urges Nanton to help NPP break the 8
56 mins -
TVET is not a dumping ground for underperforming students – C/R Minister
58 mins -
BoG Governor calls for increased preparedness to respond to emerging financial sector challenges
1 hour -
IGP calls on public to aid Police in ensuring peace during 2024 election
2 hours -
Miner jailed, fined for stealing motorbike worth GH¢13,500
2 hours -
Dozens killed in Pakistan sectarian violence
2 hours -
Police place GH₵20K bounty on group over election violence threats
2 hours -
From classrooms to conservation: 280 students embrace sustainability at Joy FM/Safari Valley’s Second Eco Tour
4 hours -
Jordan Ayew’s late goal not enough as Leicester lose at home to Chelsea
4 hours -
Global Crimea Conference 2024: Participants reject Russian claims to Soviet legacy
4 hours -
Jospong Group, Uasin Gishu County sign MoU to boost sanitation services in Kenya
4 hours -
Thomas Partey stunner helps Arsenal overcome Nottingham Forest
4 hours -
Over half of cyber attacks in Ghana, rest of Africa target government and finance, says Positive Technologies
4 hours