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Home»Security»Crime»NPP Gov’t Squanders $227m On Scandalous ECG Contracts
Crime

NPP Gov’t Squanders $227m On Scandalous ECG Contracts

By newsfileghJuly 17, 20252 Mins Read
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Energy Minister John Jinapor has unveiled a massive scandal, exposing how the previous Akufo-Addo administration allegedly squandered a colossal $227 million on shady contracts within the Electricity Company of Ghana (ECG).

The bombshell announcement came during a press conference on Wednesday, where Jinapor detailed a series of grave financial mismanagement issues inherited from the previous government.

As part of a new “Government Accountability Series,” the minister announced that the ECG Board has taken the drastic step of canceling a staggering 202 contracts totaling over $227 million, £1.17 million, and €4.08 million.

“The ECG Board has sanctioned the total cancellation of over 202 contracts,” Jinapor declared, vowing to reform the energy sector. He further revealed that an additional 147 contracts are under intense scrutiny and could face a similar fate pending a thorough review.

Jinapor did not mince words, asserting that the current government is achieving “superior results” while spending 30-40% less on procurement than the Akufo-Addo government did in 2024.

He promised that his administration would steer clear of the “reckless” procurement practices of the past, which he claims burdened the nation with massive, wasteful spending.

The minister’s revelations didn’t stop there. He also disclosed that 347 supply contracts that failed to deliver goods are now under review. This, he noted, is separate from the materials currently stuck at the port, further highlighting the widespread rot he claims was left behind.

In a move towards a more sustainable future, Jinapor announced the government has begun installing 23,500 solar streetlights, aiming to take them “off the grid.”

On the dire financial state of the Tema Oil Refinery (TOR), Jinapor laid the blame squarely at the feet of the previous administration, accusing it of leaving nearly $200 million in debt at the facility.

These explosive allegations paint a grim picture of financial malfeasance, raising serious questions about the stewardship of national resources under the previous government.

By Philip Antoh

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