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ECG will not be privatised – Mahama

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President John Dramani Mahama has assured Ghanaians that the Electricity Company of Ghana (ECG) will not be privatised under his administration, reaffirming his commitment to strengthening the public sector.

His comments come in response to growing concerns about the possible privatisation of the country’s main power distributor, amid fears of collapse linked to heavy indebtedness and poor management.

Addressing workers at the 2025 May Day celebration held at the Black Star Square in Accra on Thursday, May 1, President Mahama outlined his plans to improve power distribution through public-private partnerships rather than full privatisation.

“The ECG has been brought to its knees by a culture of poor governance over the last eight years, resulting in a debt of 68 billion Ghana cedis and rising,” he said.

“If we do not take proactive measures, our power system will collapse. We can only bring down tariffs if we improve the efficiency of the distribution of power.”

He was emphatic in dispelling fears of privatisation, stating: “Let me assure you that it is not my intention to privatise ECG as an institution. Our attention is more on public-private collaboration to inject efficiency into our downstream electricity distribution system.”

President Mahama’s comments are expected to bring some relief to labour unions and energy sector stakeholders who have expressed concerns over the potential privatisation of the ECG.

Source: Citi Newsroom

Crime and Investigation

OSP Invites Former GACL Board Chair Paul Adom-Otchere Over Suspected Corruption in Audit Deal

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The Office of the Special Prosecutor (OSP) has summoned Paul Adom-Otchere, the former Board Chairman of Ghana Airports Company Limited (GACL), for questioning as part of an ongoing investigation into alleged corruption and financial irregularities.

 

The probe focuses on a revenue assurance audit contract between GACL and a private firm, with suspicions surrounding the financial management and accounting of airport revenues under the agreement.

 

In an official letter dated July 25, 2025, the OSP identified Mr. Adom-Otchere as a suspect in the matter, citing potential corruption and corruption-related offenses. He has been asked to appear at the OSP’s South Ridge office on Thursday, July 31, 2025.

 

Confirming receipt of the summons in an interview with Myjoyonline.com, Mr. Adom-Otchere, who recently completed his term as board chair, disclosed that his legal team has requested a new date—Monday, August 4—due to court engagements in Kumasi.

 

While pledging his full cooperation, he expressed surprise at being singled out, arguing that the decision-making around the contract was primarily handled by GACL management and its managing director, both of whom remain in office and available to assist with the inquiry.

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Crime and Investigation

Court of Appeal Grants GHS10 Million Bail to Ato Essien Amid Health Concerns

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The Court of Appeal has granted William Ato Essien, founder of the now-defunct Capital Bank, bail set at GHS10 million pending the outcome of his appeal against a 15-year prison sentence.

 

The bail decision, delivered on Wednesday, July 30, includes conditions such as the submission of his passport to the court and monthly check-ins with the court registrar. Two sureties are also required.

 

Essien was sentenced to 15 years in prison with hard labour in October 2023 by an Accra High Court, following his guilty plea to 16 counts of stealing, money laundering, and conspiracy to steal. The charges stemmed from his role in the collapse of Capital Bank, involving over GHS90 million in financial misconduct.

 

In May 2024, Essien applied for bail pending appeal, citing deteriorating health, but the request was rejected by the High Court. He then escalated the matter to the Court of Appeal.

 

During the latest hearing, Essien’s legal team stressed his worsening health condition and the need for urgent medical care. They also highlighted his partial fulfillment of a plea deal that required him to repay GHS90 million to the state. He had initially paid GHS30 million in December 2022, but failed to meet subsequent payment deadlines for the remaining GHS60 million.

 

The prosecution opposed the bail, arguing that Essien had not honored the terms of the agreement. However, the three-member panel of justices pointed out that Section 35 of the Courts Act (Act 459)—which allows for restitution in exchange for a possible non-custodial sentence—raises questions that must be examined in the appeal process.

 

Background:

Essien and three associates were charged for offenses that led to the collapse of Capital Bank, including theft and money laundering amounting to GHS90 million. After entering a plea bargain, Essien agreed to repay the state in structured installments: GHS20 million each by April, August, and December 2023. By April, he had only paid GHS4 million of the first tranche and a total of GHS7 million by the time of sentencing.

 

As a result of his failure to meet payment terms, the High Court imposed the custodial sentence.

 

Following the sentencing, Dr. John Apea, Head of Missions at the Commonwealth Enterprise and Investment Council and a board member of the Commonwealth Human Rights Office for Africa, began advocating for clemency on humanitarian grounds. He launched a petition and pledged to present it to former President John Mahama, emphasizing Essien’s fragile health and the need for compassion in justice.

 

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Entertainment

Counsellor D Y Donkoh Apologizes to Shatta Wale Over Prophecy

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Counsellor D Y Donkoh has issued a public apology to Ghanaian music star Shatta Wale after sharing a prophecy that reportedly left the artist “visibly shaken and traumatised.”

In a statement dated July 27, 2025, Donkoh admitted the prophecy—shared on social media—sparked widespread concern and was never meant to cause fear.

 

He expressed regret and pledged to be more cautious when sharing future revelations.

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