Independent power producer Sunon Asogli Power Ghana Limited has refuted claims that it received any portion of the $30 million that the Ministry of Finance directed the Controller and Accountant General’s Department (CAGD) to release.
Despite previous government assurances, no funds have reached the company, sparking concerns over its financial stability.
The denial comes as Sunon Asogli’s 560MW power plant remains shut due to a $259 million debt owed by the Electricity Company of Ghana (ECG), severely impacting its operational capacity.
Dr. Elikplim Apetorgbor, Business Development Manager at Sunon Asogli, explained that efforts to address the debt through installments have not materialized, worsening the company’s financial strain.
According to Dr. Apetorgbor, the company received notice from the CAGD in early October, indicating that $30 million would be paid in multiple tranches during the government’s salary week. However, no payments have been made.
He expressed frustration, describing the Ministry of Finance as a “propaganda office” and urged verification of statements from the Finance Minister for accuracy.
