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ECG engages in $145m procurement breaches

  The Auditor-General has indicted the board and management of the Electricity Company of Ghana (ECG) for procurement breaches worth more than $145 million. It followed the inability of the power distributor to adhere to the Public Procurement Act in signing 50 contracts to procure 862,750 meters and its accessories between 2016 and 2021. Consequently, the company did not consider value for money in the process of procuring meters by ensuring competitiveness and transparency. Though the meters procured were taken through rigorous testing to ensure that specifications were met, ECG did not take steps to explore the possibility of getting meters of the same specifications at lower prices from other manufacturers other than the ones in its database. The breaches were uncovered in the 2022 Performance Audit Report of the Auditor General on the Management of Meters by the Electricity Company Limited released on July 27, 2023. The Auditor-General commissioned the audit to ascertain how E...