Minister for Energy and Green Transition, John Jinapor, has outlined significant reforms aimed at restoring financial discipline and operational efficiency at the Electricity Company of Ghana (ECG), as the country navigates challenges within its energy sector.
Speaking in an interview on Citi FM, Mr Jinapor disclosed that he has taken decisive steps to streamline ECG's financial operations, including the closure of multiple accounts held by the company. "I've closed all of ECG's accounts except for one single holding account, which we've transferred to a commercial bank, GCB.
I insisted that it should be transferred to a state bank," he stated.
This move, he explained, is part of efforts to enhance transparency and ensure proper tracking of funds.