{"id":49214,"date":"2014-09-19T10:45:46","date_gmt":"2014-09-19T10:45:46","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=49214"},"modified":"2014-09-19T11:42:34","modified_gmt":"2014-09-19T11:42:34","slug":"oteng-gyasis-resignation-a-big-blow-tarzan","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2014\/09\/oteng-gyasis-resignation-a-big-blow-tarzan\/","title":{"rendered":"Oteng Gyasi\u2019s resignation ‘a big blow’ – Tarzan"},"content":{"rendered":"

A former CEO of the Volta River Authority (VRA)\u00a0Dr. Charles Wereko-Brobby has said Tony Oteng Gyasi\u2019s resignation as board chair of the Electricity Company of Ghana (ECG)is a “big blow to Ghana.”<\/span><\/p>\n

Oteng Gyasi who doubles as the Managing Director of Tropical Cables and Conductors Limited\u00a0tendered in his resignation letter<\/strong><\/span><\/a><\/span>\u00a0this week but the President is yet to respond to his letter.<\/p>\n

Citi News<\/strong>\u00a0sources reveal that Mr. Gyasi cited health reasons in his resignation letter, but some insiders suggest there could be more to his resignation than meets the eye.<\/p>\n

Reacting to the news on the\u00a0Citi Breakfast Show<\/strong>\u00a0on Friday, Dr. Wireko-Brobby, popularly known as ‘Tarzan” said it is a “real shame” for him to resign at a point when the nation is in the middle of a power crisis.<\/p>\n

[contextly_sidebar id=”mdGqPtQiZ17LEVgK1RpJaZZAExNGU1QY”]Dr. Wereko-Brobby described him as an \u201caccomplished man in his own right.\u201d<\/p>\n

He recalled that Oteng Gyasi was the \u201cfirst man to build a cable facility to ISO standard in sub-Saharan African so it\u2019s not a mean achievement or a mean person that you are dealing with.\u201d<\/p>\n

The former VRA boss said the appointment of Oteng Gyasi as chairman of the University of Ghana by the New Patriotic Party (NPP) and as chairman of the ECG by the National Democratic Congress (NDC) \u201cshows that the caliber of the man is good.\u201d<\/p>\n

He added that he is unsure about the reasons which informed Oteng Gyasi\u2019s decision but was quick to add that individuals who are appointed for their competence and their know-how, somehow face challenges because \u201cwe fail to listen to what they say.\u201d<\/p>\n

The world bank in a June 2013 report titled \u2018Energizing Economic growth in Ghana, criticized the previous \u00a0ECG board, noting that an organization of the size of ECG should have a \u2018first rate board.\u2019<\/p>\n

The report further noted that\u00a0ECG\u2019s cash flow difficulties are \u201ceven worse than the profit and loss accounts would indicate beacuse of poor revenue collection and rising dollar denominated payment obligations.\u201d<\/p>\n

\"Mr.<\/a>
Mr. Oteng Gyaso<\/figcaption><\/figure>\n

It however noted that majority\u00a0of the factors responsible for ECG\u2019s poor financial condition are within its control.<\/p>\n

Mr. Oteng Gyasi\u2019s appointment at the time was seen a remedy to the World Bank\u2019s criticisms over the quality of human resource at the helm of affairs at ECG,which is a key institution in Ghana\u2019s energy sector.<\/p>\n

–<\/p>\n

By: Efua Idan Osam\/citifmonline.com\/Ghana
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