The Public Accounts Committee (PAC) of Parliament on Tuesday, October 28, 2025, scrutinized the Ministry of Energy and its agencies over financial irregularities cited in the Auditor-General’s 2024 Report. The session, led by Deputy Minister for Energy and Green Transition, Hon. Richard Gyan-Mensah, brought several key state-owned enterprises under the spotlight.
Appearing before the Committee were:
- Ghana Grid Company Ltd (GRIDCo)
- Electricity Company of Ghana (ECG)
- Bui Power Authority
- Volta River Authority (VRA)
- Bulk Oil Storage and Transport (BOST)
- National Petroleum Authority (NPA)
- Energy Commission
These agencies were called to account for infractions highlighted in the Auditor-General’s findings.
The Chairperson of PAC, Hon. Abena Osei-Asare, raised alarm over the sharp rise in ECG’s distribution and administrative expenses, as well as its ballooning liabilities. According to the Auditor-General’s report, ECG incurred a withholding tax liability of GH¢70 million and made unauthorized payments totaling GH¢1.29 billion to contractors and for the purchase of liquid fuels.
What drew particular concern was that these payments were made without the approval of the company’s management board, raising questions about governance and accountability within the utility provider.
The Ranking Member of the Committee, Hon. Samuel Atta-Mills, directed that former ECG managers responsible for the questionable expenditures be referred to the Attorney-General for recovery of funds and possible prosecution. He emphasized that the spending not only violated internal controls but also exceeded the budget approved by Parliament, undermining fiscal discipline.
The PAC hearings are set to continue on Wednesday, October 29, 2025, with further scrutiny expected of other agencies under the Energy Ministry. The Committee’s deliberations are being closely watched, as they carry significant implications for public financial management, accountability, and the credibility of state-owned enterprises in Ghana’s energy sector.
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