The Managing Director (MD) of the Electricity Company of Ghana (ECG), Mr Kwame Agyeman-Budu has described accusations and allegations levelled against him by the Unions as untrue.
The Junior and Senior Staff Unions of the Company had petitioned the Board for the dismissal of the MD, claiming he was not discharging his duties effectively.
The Unions alleged that the MD had been in office for close to two years and had shown lack of vision for the Company.
He promoted the outsourcing of the collection of revenue from Special Load Tariff (SLT) customers to third parties at a commission of seven percent discounted rate and three per cent consulting fee, a service that was executed effectively by staff and other institutions for free, the Union said.
It also alleged a number of procurement process breaches under the “clear supervision” of the MD and that the Company’s technical and commercial losses were galloping.
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