Former Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has strongly rejected claims that the company suffers losses as high as 40%.

This follows remarks by President John Dramani Mahama, who recently highlighted that ECG is facing significant commercial and technical losses of around 40%, which he argued undermines the utility's financial health. "The sick man of the power sector is ECG.

You can't run an electricity utility and make 40% commercial and technical losses and continue to think you have a viable business," President Mahama had said.

Similarly, Energy Minister-designate John Jinapor, during his vetting on January 13, confirmed that ECG is grappling with losses of about 34%, attributing them to a combination of technical issues like ageing infrastructure and non-technical factors such as theft and poor revenue collection.