The Office of the Attorney-General has confirmed that four individuals linked to Power Distribution Services (PDS) are under investigation over the alleged disappearance of approximately GH¢850 million belonging to the Electricity Company of Ghana (ECG).
Spokesperson for the Attorney-General’s Office, Benjamin Alpha, disclosed that the probe is still at an early stage, with no formal charges filed yet.
The development follows an earlier announcement by the Minister of State in charge of Government Communications, Felix Kwakye Ofosu, who confirmed on Monday, May 4, 2026, that four persons affiliated with PDS had been picked up by the Bureau of National Investigations in connection with the suspected transfer of ECG funds.
Speaking on Eyewitness News, Mr Alpha explained that the matter is rooted in a transitional arrangement between PDS and ECG, where both assets and liabilities were expected to be reconciled before the conclusion of arbitration proceedings.
According to him, although ECG emerged victorious in the arbitration, funds that were expected to remain in its accounts were later found to have been depleted, raising concerns about possible irregularities.
“Their charges cannot be discussed at this point because this is a very preliminary stage,” Mr Alpha stated.
“The investigation officers want to understand the full circumstances under which these monies left this account. They have been invited, questioned, and granted bail pending further investigation.”
He indicated that the amount under investigation stands at GH¢850 million, adding that further updates will be provided as inquiries progress.
The case is expected to draw significant public attention as authorities work to establish accountability in the handling of state funds within the power distribution sector.