Reports suggest President Akufo-Addo is angry about the financial mismanagement by Former ECG boss Samuel Dubik Mahama.
It has been revealed that a meeting was held between the Presidency and ECG management led by David Asamoah, and Board Chairman Alexander Afenyo-Markin, the meeting was focused specifically on ECG’s finances and it alleged multi bank account under its former MD Dubik Mahama.
Reports coming out from the crunch meeting suggest President Akufo-Addo very infuriated by the financial mismanagement under the former MD of the ECG and is considering investigation, arrest and prosecution of any management found culpable.
It has been alleged that Samuel Dubik Mahama was in the UK when he was dismissed and supposed to be arrest at the Kotoka International Airport in a Rambo style upon his return to Ghana, but security experts advise a different and more quiet approach to be taken.
Samuel Dubik Mahama, Managing Director (MD) of the Electricity Company of Ghana (ECG), officially resigned but refused to give his reason for resignation in a letter sent to the Board of ECG.
Information coming out from the departure of Samuel Dubik Mahama has established that he was rather dismissed than he resigning from his position with the Chief of Staff, Akosua Frema Osei-Opare writing to Dubik Mahama on the instruction of President Nana Akufo-Addo, who was in the US.
Issues surrounding his dismissal detailed his inefficiency, unscrupulous procurement contracts, poor relationship with workers, excessive foreign trips, under-declaration of revenue collected through the US$25 million Hubtel Mobile payment app and concerns raised by the Public Utilities Regulatory Commission (PURC) over the Cash Waterfall mechanism.
However, it has also been alleged that ECG boss sent officers to the residence of the International Monetary Fund (IMF) country rep in Ghana disconnected his power supply over non-payment of bills. President Akufo-Addo, was embarrassed leading to Dubik Mahama’s immediate dismissal.
He was told to choose the easiest option of resignation, over an outright dismissal.
Meanwhile, the new Board Chairman of ECG, Alexander Afenyo-Markin determined to get to the bottom of the revenue issue.