A Commissioner at the Public Utilities Regulatory Commission (PURC) and Executive Director of the Kumasi Institute of Technology & Environment (KITE), Ishmael Edjekumhene, says the commission will not benefit from the GH₵5,868,000 fine to be paid by the board members of the Electricity Company of Ghana (ECG).
According to him, the amount is to be paid into a dedicated fuel account under the joint control of the Ministry of Energy and the Ministry of Finance on or before 30th May 2024.
Speaking on JoyNews’ Top Story on Tuesday, April 16, Mr Edjekumhene stated that “PURC is not going to benefit from the fine,” emphasizing that the Commission is not a signatory to the said account in which the money would be paid.
He clarified that the idea of getting money to build up funds and acquire fuel as and when necessary informed the decision as to where the money should be paid.
Mr Edjekumhene’s remarks …