Government has directed the Power Distribution Services (PDS) to provide ECG with a detailed revenue collection and expenditure report on a weekly basis.
This comes as the finance ministry begins steps to unfreeze bank accounts of PDS.
The financial and intelligence centre last week froze the bank accounts of PDS following the detection of anomalies in the bank guarantee it provided prior to the takeover of ECG’s assets.
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According to Joynews the latest decision to unfreeze the account is to ensure that funds are available for payment of worker’s salaries and cater to the operational costs of the company.
Click here to read the full letter from the Ministry of Finance and Economic planning.
