Alexander Afenyo-Markin, Minority Leader of Ghana’s Parliament and former Board Chairman of the Electricity Company of Ghana (ECG), is facing escalating legal scrutiny amid a major financial scandal involving over GH¢8.9 billion. Investigative reports and public calls have urged the Economic and Organized Crime Office (EOCO) to take immediate action, with demands growing for his arrest and prosecution.
The scandal centers on the mysterious disappearance of more than 1,300 containers of electrical equipment that were meant for ECG operations. These containers reportedly vanished at Tema Port under suspicious circumstances, leading to allegations of collusion between insiders at ECG and customs officials. Critics argue that Afenyo-Markin, who led the ECG board during this period, did not take adequate steps to prevent or investigate the losses.
Prominent investigative journalist Kevin Taylor has been vocal about the issue, asserting that Afenyo-Markin was aware of the missing shipments but chose to remain silent. Internal ECG documents from 2023 reportedly indicate that the former chairman was notified about the missing containers, yet no corrective action followed. Taylor’s reports have intensified public pressure for EOCO’s intervention.
Further concerns have arisen over ECG’s financial management. It was revealed that the company operated over 85 separate bank accounts under Afenyo-Markin’s oversight. A 2024 PricewaterhouseCoopers audit uncovered a revenue discrepancy of GH¢5.3 billion, fueling suspicions of financial mismanagement.
The National Intelligence Bureau (NIB) has already detained 14 suspects linked to the missing containers. However, many believe the investigation remains incomplete without formally questioning Afenyo-Markin. Civil society groups and senior citizens have petitioned the Attorney General to initiate legal proceedings.
As the controversy deepens, the former ECG chairman’s political future remains uncertain. The case has become a critical test of transparency and accountability in Ghana’s public sector, with public demand for justice growing louder.
