Alexander Afenyo‑Markin, the former Board Chair of the Electricity Company of Ghana (ECG), has publicly refuted allegations made by Dr. Wereko‑Brobbey regarding financial mismanagement during his tenure. Afenyo‑Markin described the claims as “misleading“, underscoring his commitment to transparency and accountability.
In a recent address, Afenyo‑Markin clarified that Dr. Wereko‑Brobbey’s accusations centering on alleged unexplained losses and poor fiscal oversight at ECG “do not reflect the true state of affairs”. He emphasized that during his chairmanship, the ECG board worked diligently to limit financial waste and enhance stakeholder engagement.
Dr. Wereko‑Brobbey’s claims attracted significant attention, suggesting that accountability lapses had occurred under Afenyo‑Markin’s leadership. These remarks came amid calls for greater scrutiny of ECG’s governance and loss control.
Afenyo‑Markin responded that the board had been actively addressing legacy inefficiencies and systemic fiscal challenges. He also said: “The allegations are misleading and fail to recognize the clear improvements during my time in office.”
He reiterated that ECG had made notable strides in areas like revenue recovery, operational transparency, and stakeholder collaboration. This confrontation shines a spotlight on deeper issues at ECG, including concerns about accountability, sound financial oversight, and the politicization of institutional leadership. Afenyo‑Markin’s strong response aims to reassure stakeholders that corrective measures were taken and that no funds were misappropriated under his watch.
Afenyo‑Markin has firmly dismissed the financial mismanagement allegations, affirming that his tenure as ECG Board Chair was defined by proactive reforms and greater fiscal oversight. With both sides making their case, the spotlight now falls on audits, regulators, and public trust to determine if ECG is truly on a path toward improved transparency and governance.
Source: 3news
