Workers of the Electricity Company of Ghana (ECG) have kicked against the extension of the tenure of Managing Director, Kwame Agyemang Budu, warning the company will go bankrupt soon as it struggles for office stationery such as A4 sheets.
According to the workers, even though the MD has reached his mandatory retirement age of 60 there are moves to extend his stay in office.
Such a move the workers are warning will spell doom for the company given the level of mismanagement that has taken place under his leadership.
Addressing the media, the General Secretary for the Public Utility Workers Union, Michael Adumatta Nyamekye cautioned that the nation will soon be plunged into darkness should President Akufo-Addo and the ECG board fail to act immediately as the company will go bankrupt.
Mr. Adumatta also accused the board chairman of ECG Kelly Gadzekpo of usurping the powers of the MD for the selfish interests of board members.
Meanwhile, the Electricity Company of Ghana (ECG), has warned that is embarking on a nationwide exercise to disconnect all customers, who are indebted to the company.
According to the company, the exercise is part of efforts to solidify its finances, which is on a significant decline.
In an interview with the media on Tuesday, the leader of the ECG Disconnection Taskforce, Stephens Larbi Siaw, indicated that his outfit will not spare any customer, who’s currently indebted to the ECG.
Confirming the disconnection of electricity supply to the Accra Sports Stadium, parts of the Kotoka International Airport and the La Palm Beach Hotel on Tuesday, Mr. Larbi Siaw said, the ECG is on a move to recoup monies owed the company.
“So as you already know, we’ve been tasked. We’ve been around to make sure that the indebtedness of the ECG is brought down. So as we’ve been tasked to go ahead, we’re doing just that. By either taking the debt that they’re indebted to us, or we make sure that we disengage the supply, for them to follow up to the office to talk to our leaders”, he stated.
Speaking on the indebtedness of the Accra Sports Stadium, Mr. Larbi-Siaw disclosed that, the Stadium is indebted to the ECG, to the tune of five hundred and eight thousand, eighty seven Ghana cedis and thirty-seven pesewas. This he said, is debt that has accrued over a three month period.
In the instance of the La Palm Beach Hotel, he revealed that the Hotel owes the ECG an amount of one hundred and ninety-two thousand, seventy- three Ghana Cedis and sixty-two pesewas, as of January, 2022.
Mr. Larbi Siaw, also confirmed that, his task force disconnected parts of the Kotoka International Airport and the Ghana Airports Company, on Monday, over their indebtedness to the tune of 48 million, nine hundred and eighty-five thousand, five-hundred and five point five Ghana cedis.
Source: Mybrytnewsroom.com