{"id":238565,"date":"2024-10-24T17:51:45","date_gmt":"2024-10-24T17:51:45","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/10\/24\/14-csos-take-legal-action-against-ecg-fidelity-bank-over-alleged-procurement-violations\/"},"modified":"2024-10-24T17:51:45","modified_gmt":"2024-10-24T17:51:45","slug":"14-csos-take-legal-action-against-ecg-fidelity-bank-over-alleged-procurement-violations","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/10\/24\/14-csos-take-legal-action-against-ecg-fidelity-bank-over-alleged-procurement-violations\/","title":{"rendered":"14 CSOs take legal action against ECG, Fidelity Bank over alleged procurement violations"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.ghanaweb.com\/imagelib\/pics\/326\/32686455.295.jpg\" alt=\"Electricity Company of Ghana\" title=\"Electricity Company of Ghana\" width=\"295\" height=\"160\" \/> <span class=\"image_caption\"><span>Electricity Company of Ghana<\/span><\/span><\/p>\n<\/div>\n<div style=\"-webkit-user-select: none; -webkit-touch-callout: none; -moz-user-select: none; -ms-user-select: none; user-select: none;\">\n<p id=\"article-123\">A coalition of 14 prominent Civil Society Organisations (CSOs) has initiated legal action against the state-owned Electricity Company of Ghana (ECG) and Fidelity Bank Ghana, alleging procurement breaches.<\/p>\n<p>According to a statement issued on October 24, 2024, the civil lawsuit, filed at the Accra High Court, seeks declarations regarding what it describes as opaque financial arrangements involving millions of dollars between the power distributor and one of Ghana&#8217;s leading private banks.<\/p>\n<p>The 14 CSOs argue that ECG\u2019s arrangement with Fidelity Bank as its \u201csingle account\u201d custodian and the associated multi-million dollar forex transactions should have adhered to regulations under the Public Procurement Act.<\/p>\n<p>This legal challenge comes at a critical time when Ghana\u2019s energy sector is facing intense scrutiny. The International Monetary Fund (IMF) has highlighted the need for reforms as part of Ghana\u2019s ongoing bailout program, emphasising the importance of transparency and accountability in the sector.<\/p>\n<p>Some members of the coalition include; Africa Centre for Energy Policy (ACEP), the Institute for Liberty and Policy Innovation (ILAPI), and the Centre for Democratic Development (CDD) and among others. <\/p>\n<p><b>See the list of CSOs below:<\/b><\/p>\n<p>Africa Center for Energy Policy (ACEP)<\/p>\n<p>Democratic Credentials Network (DCN)<\/p>\n<p>Institute for Liberty And Policy Innovation (ILAPI)<\/p>\n<p>Africa Centre for Entrepreneurship and Youth Empowerment (ACEYE)<\/p>\n<p>Renel Ghana Foundation (RENEL)<\/p>\n<p>Grassroot Mobilizers Foundation (GMF)<\/p>\n<p>Centre for Democratic Development (CDD)<\/p>\n<p>IMANI Centre for Policy and Education (IMANI)<\/p>\n<p>Institute of Energy Studies (IES)<\/p>\n<p>Community Focus Foundation Ghana (CFF-Ghana)<\/p>\n<p>ODEKRO PMO Foundation (ODEKRO)<\/p>\n<p>iWatch Africa (iWatch)<\/p>\n<p>Centre for Extractives &amp; Development (CEDA)<\/p>\n<p>MA<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Electricity Company of Ghana A coalition of 14 prominent Civil Society Organisations (CSOs) has initiated legal action against the state-owned Electricity Company of Ghana (ECG) and Fidelity Bank Ghana, alleging procurement breaches. According to a statement issued on October 24, 2024, the civil lawsuit, filed at the Accra High Court, seeks declarations regarding what it [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":238467,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-238565","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>14 CSOs take legal action against ECG, Fidelity Bank over alleged procurement violations - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/10\/24\/14-csos-take-legal-action-against-ecg-fidelity-bank-over-alleged-procurement-violations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"14 CSOs take legal action against ECG, Fidelity Bank over alleged procurement violations - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Electricity Company of Ghana A coalition of 14 prominent Civil Society Organisations (CSOs) has initiated legal action against the state-owned Electricity Company of Ghana (ECG) and Fidelity Bank Ghana, alleging procurement breaches. 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