• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, November 29, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

“Found” ECG Containers Deepen Public Distrust

Lilian Ahedorby Lilian Ahedor
May 27, 2025
Reading Time: 5 mins read
ecg container saga

missing ECG Containers at the port

The ECG containers scandal has taken a startling new turn with the recent announcement that over 2,600 supposedly missing containers have been “found” at the Tema Port. 

While the Electricity Company of Ghana (ECG) and its associates may have expected applause for the recovery, critics say the revelation is less a solution and more a symbol of systemic dysfunction.

Renowned legal scholar and governance advocate, Prof. Stephen Kwaku Asare, has sounded the alarm, stating that the so-called discovery should provoke concern rather than comfort. 

RelatedPosts

Majority Leader Demands Termination of Zipline Contract Over Unpaid Debt

NPP Rejects High Court’s Ruling on Kpandai Parliamentary Election

NDC, NDP, DMW Pay Tribute to Nana Konadu Agyeman-Rawlings

“Yaanom arrived in their numbers, banner in hand, proclaiming that over 2,600 ECG containers have been “found” at Tema port—more than double the 1,346 earlier declared missing. But rather than inspire relief, this revelation should send shivers down our collective spine.”

Prof. Stephen Kwaku Asare

He argued that one does not simply “find” thousands of containers like a misplaced item in storage. These are multi-million-cedi shipments whose absence had triggered an audit, media outcry, and public protests. 

Prof. Asare weighs in on found ECG containers
Professor Stephen Kwaku (Azar) Asare

The reemergence of the containers without a clear explanation only intensifies suspicions of gross mismanagement, if not deliberate obfuscation.

According to Prof. Asare, the situation confirms widespread administrative failure. If such high-value items can disappear and reappear without any transparent process or credible verification, then it suggests institutional rot. 

ADVERTISEMENT

The ECG’s silence on the chain of custody and the manner of “discovery” leaves a gaping hole in public accountability.

Discovery Sparks More Questions Than Answers

What makes the ECG containers issue even more troubling, Prof. Asare explained, is that the development does not discredit the audit findings but rather affirms them. 

The audit revealed that ECG had over-procured materials without proper planning, violated procurement regulations, and left the containers at the port, incurring avoidable demurrage costs amounting to over ₵909 million. It also alleged that lucrative contracts were granted to unlicensed or favored vendors.

ECG procurement scandal
Electricity Company of Ghana

“The key questions remain: Who authorized the purchases? Why were they left at the port? Why were clearing contracts worth ₵127 million handed to companies not licensed to operate?

“Why did Dawards Bond clear containers illegally, deliver fewer than billed, and still demand millions? Where is the oversight?  Where is the prosecution?”

Prof. Stephen Kwaku Asare

These allegations raise serious concerns about oversight and enforcement within the public procurement process.

Accordingly, Prof. Asare warned that the narrative being shaped around the “discovery” appears to be a deliberate diversion. 

He noted that instead of addressing the root causes—procurement fraud, tax losses, ghost deliveries—the public is offered a feel-good headline: the containers have been found. 

However, found by whom? Verified through what process? Audited by which authority? No official has stepped forward with answers.

ecg missing containers
ECG missing containers

Beyond the logistics of the containers, the entire episode, he said, deepens the trust deficit between state institutions and the citizens they are meant to serve. 

If public agencies can misreport, mismanage, and mislead with impunity, then citizens have little reason to believe in the accountability structures that are supposed to protect public interest.

Clarity Demanded On ECG Containers 

Prof. Stephen Asare also demanded clarity on why ECG procured materials in excess of its 2023 budget by nearly 800%, and who allowed contract sizes to be broken up to fall within the financial threshold of the Managing Director, thus avoiding procurement oversight.

He raised critical concerns about institutional accountability, questioning why ECG conducted operations beyond the approval of the Procurement Authority.

He also questioned why Dawards Bond received full payment despite facing allegations of tax evasion and fraud, and who ultimately benefits when public procurement is treated as a personal windfall.

ECG procurement scandal in the spotlight
ECG

“The message from ECG and Yaanom seems to be: ‘We’ve found them, so let’s move on.’ But this is not a romantic reunion. It’s a forensic crime scene. Until the who, how, and why are answered, and those responsible are held to account, this ‘discovery’ is just another insult to public intelligence.”

Prof. Stephen Kwaku Asare

In a striking statement, Prof. Asare remarked that more than a billion cedis may have been lost to demurrage, while procurement laws were openly flouted under the guise of orders from above. 

His remarks were backed by earlier statements from the Minority Leader, who accused ECG and customs officials of selling the missing cables at the port—a charge that remains unanswered.

As the public debates this scandal, Prof. Asare issued a final warning: accountability is non-negotiable, regardless of political interference or institutional cover-ups. 

The containers may have reappeared, but without answers to the “who, how, and why,” the scandal continues to smolder.

READ ALSO: Sharp Decline in Interest Rates Fails to Deter Treasury Bills Demand

Tags: CorruptionECGECG Containerspower infrastructurepublic procurementTema Port
Share3Tweet2ShareSendSend
Please login to join discussion
Previous Post

Labour Vows Action To Tackle Child Poverty Crisis

Next Post

Deputy Finance Minister Pushes for Private Sector-Led Energy Expansion

Related Posts

Hon. Mahama Ayariga, Majority Leader
General News

Majority Leader Demands Termination of Zipline Contract Over Unpaid Debt

November 28, 2025
Yussif Danjumah, NPP Northern Regional Communications Director
General News

NPP Rejects High Court’s Ruling on Kpandai Parliamentary Election

November 28, 2025
589919927 1183363417235155 4222432456365638804 n
General News

NDC, NDP, DMW Pay Tribute to Nana Konadu Agyeman-Rawlings

November 28, 2025
Scene from the State Burial of Nana Konadu Agyeman Rawlings at the Black Star Square
General News

Ghana Bids Farewell to Nana Konadu Agyeman-Rawlings

November 28, 2025
President John Dramani Mahama
General News

Nana Konadu was a Pioneering Leader and Trailblazer – Mahama

November 28, 2025
Osagyefo Oliver Barker-Vormawor, Lawyer and Activist
General News

Young Activist’s Arrest Spurs National Debate on Power and Accountability

November 28, 2025
Bright Simon, Vice-president, IMANI
Extractives/Energy

5% Lithium Agreement: Bright Simons Dismisses Global Price Drop Justification

by Bless Banir YarayeNovember 29, 2025
Ghana’s Cedi Emerges as the Calm in Africa’s Chaotic Currency Storm
Economy

Ghana’s Cedi Emerges as the Calm in Africa’s Chaotic Currency Storm

by M.CNovember 29, 2025
End-Month Fireworks on GSE: 2.19 Million Shares Traded in One of 2025’s Busiest Sessions
Securities/Markets

End-Month Fireworks on GSE: 2.19 Million Shares Traded in One of 2025’s Busiest Sessions

by M.CNovember 29, 2025
Hon. Mahama Ayariga, Majority Leader
General News

Majority Leader Demands Termination of Zipline Contract Over Unpaid Debt

by Silas Kafui AssemNovember 28, 2025
Double Widow Drama: Kumasi Court Rules Both Akosua Serwaa and Odo Broni Are Daddy Lumba’s Spouses
Entertainment

Double Widow Drama: Kumasi Court Rules Both Akosua Serwaa and Odo Broni Are Daddy Lumba’s Spouses

by M.CNovember 28, 2025
Economy

Dual Policy Needed to Formalize the Informal Sector – World Bank

by Michael Teye-Bio NaduteyNovember 28, 2025
Bright Simon, Vice-president, IMANI
Ghana’s Cedi Emerges as the Calm in Africa’s Chaotic Currency Storm
End-Month Fireworks on GSE: 2.19 Million Shares Traded in One of 2025’s Busiest Sessions
Hon. Mahama Ayariga, Majority Leader
Double Widow Drama: Kumasi Court Rules Both Akosua Serwaa and Odo Broni Are Daddy Lumba’s Spouses

Recent News

Bright Simon, Vice-president, IMANI

5% Lithium Agreement: Bright Simons Dismisses Global Price Drop Justification

November 29, 2025
Ghana’s Cedi Emerges as the Calm in Africa’s Chaotic Currency Storm

Ghana’s Cedi Emerges as the Calm in Africa’s Chaotic Currency Storm

November 29, 2025
End-Month Fireworks on GSE: 2.19 Million Shares Traded in One of 2025’s Busiest Sessions

End-Month Fireworks on GSE: 2.19 Million Shares Traded in One of 2025’s Busiest Sessions

November 29, 2025
Hon. Mahama Ayariga, Majority Leader

Majority Leader Demands Termination of Zipline Contract Over Unpaid Debt

November 28, 2025
Double Widow Drama: Kumasi Court Rules Both Akosua Serwaa and Odo Broni Are Daddy Lumba’s Spouses

Double Widow Drama: Kumasi Court Rules Both Akosua Serwaa and Odo Broni Are Daddy Lumba’s Spouses

November 28, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address