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    You are at:Home»News»See the breakdown of funds ECG spent without the board’s approval in 2023
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    See the breakdown of funds ECG spent without the board’s approval in 2023

    Papa LincBy Papa LincOctober 29, 2025No Comments2 Mins Read4 Views
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    See the breakdown of funds ECG spent without the board’s approval in 2023
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    The Public Accounts Committee (PAC) of Parliament has directed that officials of the Electricity Company of Ghana (ECG) responsible for unauthorized spending amounting to over GH¢180 million in 2023 be referred to the Attorney General for prosecution.

    The directive follows revelations contained in the Auditor-General’s 2023 report, which exposed how the power distribution company exceeded expenditure on 13 budget line items without obtaining approval from its governing board.

    During a PAC sitting on Tuesday, October 28, 2025, Ranking Member Samuel Atta-Mills described the conduct of ECG’s management as a clear case of financial indiscipline and a breach of corporate governance procedures.

    He cited several instances where the company overspent far beyond its approved allocations, describing the justifications as unacceptable.

    “Staff fuel did they drive around the world? The budget was GH¢2.8 million, but you spent GH¢3.6 million. Communication expenses, your budget was GH¢4.2 million, but you spent GH¢7.9 million. Consultancy, you had GH¢40 million approved, but you used GH¢58.6 million. Stakeholder expenses from GH¢3.1 million to GH¢49 million, and you still want to increase tariffs?” Atta-Mills fumed.

    He added that the actions of the responsible managers amounted to gross financial misconduct, warranting legal consequences.

    Auditor-General’s report exposes US$145m ECG meter procurement irregularities

    “This shows financial indiscipline. Those managers who were involved, I’m recommending that they face the Attorney General for prosecution,” he said.

    Below is the breakdown of ECG’s approved budgetary allocations compared to actual spending in 2023:

    A list of ECG ‘s approved budgetary allocations against unapproved expenditures for the year 2023.

    Foreign Training-GH¢31 Million —GH¢91 Million

    Cleaning Expenses-GH¢2.8 Million—GH¢10.4 Million

    Honorarium Expenses-GH¢3.8 Million—GH¢4.6 Million

    Hotel Expenses-GH¢9.3… pic.twitter.com/dZePl6FFVj

    — SIKAOFFICIAL🦍 (@SIKAOFFICIAL1) October 28, 2025

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