In what appears to be a troubling case of excessive spending and inefficiency, the Minister for Energy and Green Transition, John Abdulai Jinapor, has revealed that ECG has accumulated approximately 3,000 containers at the country's ports, racking up an estimated GHS 1.5 billion in demurrage fees.
The minister, speaking in an interview on TV3's Hot Issues, did not mince words in his criticism of the situation. "It's all because they are engaged in what I call very frivolous procurements," he stated, highlighting that some of the items acquired by ECG are expected to last for a decade, while others are at risk of expiring within five years.
The revelations have sparked concerns over whether ECG's procurement practices under the previous administration were driven by strategic planning or reckless financial decisions.
In response, Minister Jinapor has established a committee tasked with scrutinizing the company's procurement history and assessing the true cost of the accumulated goods at the ports. "So we've commissioned a committee to investigate ECG's procurements and the cost of these containers stacked at the ports.