LEC loses US$48m to power theft’
By Lewis S. Teh
The Acting Chief Executive Officer at the Liberia Electricity Corporation (LEC) Monie Captan says the corporation is losing US$48 Million annually to power theft.
“As we speak, the LEC is losing nearly 50% of its produce, electricity, amounting to over 48 million US dollars annually to power theft,” said Mr. Captan.
He made the disclosure recently at the launch of the anti-power theft campaign held at the company’s head office down Waterside, Monrovia.
Captan said he will not hesitate to dismiss any employees, and contractors of LEC that will facilitate or get into acts of power theft.
He however stated that the LEC will waste no time in wielding out individuals that will be caught undermining its efforts and gains.
“I’m calling on you also to report any LEC person getting involved in power theft because I know some of us hands [are] not clean,” Mr. Captan pleaded.
He said though people outside are mostly involved in acts of power theft, some employees and contractors of LEC are also involved.
“There are some bad apples among the good ones and we will wield out the bad ones from … LEC,” he warned.
According to the Acting LEC CEO, the reason he’s determined to embark on such an exercise is to protect the image and integrity of some good employees at LEC.
Mr. Captan noted that LEC still has a good number of people whose image must be protected.
“If anyone decides to go the wrong way engaging in power theft, we will boot you out of LEC,” he said further.
Captan detailed that a lot of employees and contractors have already been dismissed from the company based on the calls received from the public regarding their involvement in power theft.
“I already asked my commercial team to get a number [so] that everyone can send WhatsApp messages to report any act of power theft,” he said.
Meanwhile, Mr. Captan said the LEC has signed a power purchase agreement with the government of Cote D’Ivoire for stable electricity beginning this December.
He said the power purchase agreement with Cote D’Ivoire has added twenty-seven more megawatts to Liberia’s power grid. –Edited by Winston W. Parley