The Public Utilities Regulatory Commission (PURC) has set the record straight, dismissing media reports that the Electricity Company of Ghana (ECG) is on the verge of bankruptcy. According to PURC, these claims are completely misreported and inaccurate.
Some media outlets falsely attributed a warning about ECG’s financial collapse to PURC’s Executive Secretary, Dr. Ishmael Ackah. However, PURC’s commissioners released a statement clarifying that they never issued such warning.
PURC is urging the public to seek accurate information and avoid relying on misleading reports.
This clarification is crucial, as it reassures the public that ECG is not on the brink of bankruptcy. PURC’s role is to regulate and oversee utility companies, ensuring they operate efficiently and effectively.