The court, if set up, Ashley believes will address the huge losses at the corporation. This is causing us to lose half of the institution’s revenue that has the propensity to bring the LEC into financial crisis,” he said. “We are also working with our local and international legal people to ensure that something is done to address the huge power theft,” he said. Mr. Ashley further indicated that the LEC is finding it difficult to connect more customers, because of the huge losses the management is undergoing. Money generated from the flat rate will be used to purchase meters for the same customers who will subsequently get access to meters,” he said.

Source: Daily Observer March 06, 2018 02:26 UTC