Home Ghana News We’re coming, we’ll accumulate all of the money owed – ECG boss tells debtors

We’re coming, we’ll accumulate all of the money owed – ECG boss tells debtors

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We’re coming, we’ll accumulate all of the money owed – ECG boss tells debtors

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We’re coming, we’ll collect all the debts – ECG boss tells debtors

We’re coming, we’ll accumulate all of the money owed – ECG boss tells debtors



The Managing Director of the Electrical energy Firm of Ghana (ECG) Samuel Dubik Mahama has informed individuals and establishments owing the corporate that the taskforce is coming to gather all of the money owed.

Mr Mahama mentioned the corporate wants the cash to run its operations.

Talking on the Ghana Tonight present on TV3 Wednesday, March 22, he revealed that an quantity of GHS5.7 billion is owed to the state energy distributor.

He mentioned the corporate will intensify the gathering of the debt.

“Each month we are going to present as much as accumulate the money owed,” he added.

The ECG has been embarking on a debt restoration train since Monday, March 20.

The corporate mentioned that it has launched a digitalized system to make sure the sum of money obtained from the debt restoration train is monitored instantly by the Managing Director of the corporate.

Mr Mahama mentioned thus far they can accumulate between 40 to 50 Million Cedis each day because the train began.

“I can every day 40 to 50 million cedis on a regular basis, we predict it to go up,” he mentioned.

The duty power visited establishments comparable to Parliament, the Ghana Arprort Firm Restricted (GACL) and the Ghana Broadcasting Company (GBC) as a part of the debt restoration.

Talking to journalists after the train on Monday, March 20, the Exterior Communications Supervisor of ECG, Laila Abubakar mentioned “The nationwide activity power is the one that’s answerable for the state-owned enterprises, the ministries, departments and businesses and so we have now been going with them, we visited Parliament Home, they have been owing a couple of GHS13million they’ve dedicated to paying GHS8.5million, we noticed proof of that.

“We went to the Ghana Airpot Firm, they owed arrears of GHS28million of which they made GHS10 million fee immediately simply once we obtained there so we have now given them 48 hours to make the complete fee.”

She added “Now, we’re right here on the Ghana Broadcasting Company, in addition they owe in arrears of about GHS6 million however they’ve defined to us that due to the best way they run their operations they wouldn’t be capable to cough out the cash for us immediately, they’ve had some discussions with the Minister of Info and the Nationwide Media Fee along with the Ministry of Vitality and there was some type of settlement final years. Nevertheless, ECG’s level is that there has not been any motion on the debt that’s remaining.

“They’ve defined to us they’ve a system and they’re going to get some cash and pay as a result of they’ve to search out progressive methods of developing with the cash and so we have now been giving permission to depart them for now for 48 hours.”

In the meantime, the Govt Director of the Africa Heart for Vitality Coverage (ACEP) Benjamin Baoakye has informed the administration of the ECG to search out the steadiness in retrieving the debt owed to the corporate by establishments whereas on the identical time not making a disincentive for energy consumption.

He defined that the ECG would wish shoppers to buy and eat energy in any other case it could not make any revenue.

That doesn’t additionally imply that it shouldn’t accumulate the debt owed it, he added.

Mr Ben Boakye mentioned these on the Ghana Tonight present on TV3 Tuesday, March 21 whereas contributing to a dialogue on the efforts by the administration of the ECG to get better its money owed.

The Member of Parliament for Pru East and former Minister of Energy Dr Kwabena Donkor additionally mentioned ECG ought to be partly blamed for the debt owed by establishments.

He accused the compnay of beforehand succumbing to pressures from authorities establishments to not act to retrieve its debt.

Additionally talking on the Ghana Tonight present on TV3 Tuesday, March 21, Dr Donkor mentioned relating to the reason for the debt of the ECG that “It’s an attitudinal drawback. A whole lot of authorities establishments assume there’s one central authorities and that there will be debt settlement… there was once an company settlement association however that’s no extra.

“ECG is partly in charge, beforehand it has succumbed to all kinds of pressures from authorities establishments. Once I was the Minister of Energy we put the Ministry of Vitality and the Ministry of Finance on pay as you go, as soon as you set them on pay as you go they’ll’t accumulate debt except there’s a fault, that’s the problem.”

By Laud Nartey|3news.com|Ghana

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