A scathing report by Ghana’s Auditor-General has uncovered deep-rooted financial mismanagement, procurement violations, and operational lapses in the country’s energy sector, with the Electricity Company of Ghana (ECG) implicated in the misapplication of an estimated GH¢18.4 billion.
The audit, which reviewed accounts up to December 31, 2024, exposes chronic inefficiencies and governance breakdowns that pose significant risks to the stability of Ghana’s electricity and fuel supply systems. The report underscores a troubling pattern of financial indiscipline, weak institutional oversight, and widespread disregard for public procurement laws challenges that continue to undermine service delivery and public confidence.
Reacting to the revelations, the Centre for Environment and Sustainable Energy (CEMSE) has urged the government to take decisive action by retrieving misappropriated funds, prosecuting individuals responsible for the irregularities, and implementing urgent reforms within ECG.
“The scale of mismanagement is unacceptable. Without strong accountability and structural reforms, ECG’s inefficiencies will continue to fuel debt accumulation and erode energy reliability,” said Ben Nsiah, Executive Director of CEMSE, in an interview with EnergyCrossroad.com.
CEMSE insists that restoring transparency, operational discipline, and fiscal sustainability across the energy value chain must be a national priority to safeguard Ghana’s clean energy transition and economic future.