ECG's GHS189m budget blowout: PAC slams utility company for financial indiscipline
The Electricity Company of Ghana (ECG) has come under fire for blowing past its budget by a staggering GHS189.2 million without approval, sparking outrage from the Public Accounts Committee (PAC).
The utility company's Chief Executive and management team were grilled over the unapproved spending, which saw ECG's expenditure balloon to GHS333 million, nearly double its approved budget of GHS144 million.
Key Areas of Overspending:
Overseas travel: ECG spent GHS 29.8 million, more than double the budgeted GHS14 million
Call Centre Operations: GHS 29.3 million spent, exceeding the budget of GHS23.5 million
Communication Expenses: GHS7.9 million spent, nearly double the budget of GHS4.2 million
Consultancy Fees:GHS58.6 million spent, exceeding the budget of GHS40 million
Stakeholder Expenses: GHS49 million spent, far exceeding the budget of GHS3.1 million
The PAC has condemned ECG's actions as "financial indiscipline" and is calling for sanctions against the officers responsible. Ranking Member on the Committee, Samuel Atta-Mills emphasised that the level of recklessness cannot go unpunished and recommended that those managers involved face prosecution by the Attorney-General.
According to him, this development comes as ECG continues to push for tariff increases amid public frustration over high electricity bills and operational inefficiencies.
Trending Business

PURC educates Tain district hospital staff on tariff reckoner & PECE
10:51
Dr. Ato Forson to unveil 2026 budget on November 13
09:25
Agric Minister calls for youth-centred investments in agriculture to address rising unemployment
07:59
Dr McKorley: Volta Region can generate $9bn annually
01:37
NLA, KGL aligned on renegotiation to boost state revenue — Razak Kojo Opoku
19:55
Mahama orders GRA to sever ties with Strategic Mobilisation Ghana Limited
11:42
Bank of Ghana hosts over 250 pupils for currency education and fun day at Bank Square
05:29
Agric Minister outlines major irrigation and investment plans at Volta Economic Forum
04:26
Gov't injects GHS100 million to boost food security and stabilise prices
14:32
Gov’t augments Metro Mass Transit fleets with 500 new buses
11:48



