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Business News of Friday, 13 December 2024

    

Source: www.ghanawebbers.com

Hubtel’s GH¢ 259 million claim sparks controversy at ECG

The demand included charges for various system designs and integrations The demand included charges for various system designs and integrations

The Herald has obtained a report revealing a disputed demand of GH¢259,819,544.97 from Hubtel to the Electricity Company of Ghana (ECG), raising concerns over the controversial Hubtel-ECG deal.

ECG management has rejected many charges in the claim, which led to a revised payment of GH¢20 million after reconciliation.

The dispute centers on a mobile app initially developed by ECG and later managed by Hubtel.

Hubtel has already received $12 million for system enhancements, but payments have been flagged by auditors.

The demand included charges for various system designs and integrations.

Hubtel responded, clarifying misconceptions and defending its role in boosting ECG’s revenue, but questions persist about the deal's legitimacy.