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Internal Audit Agency Swoops on MDAs

According to Mrs Juliet Aboagye-Wiafe, President of the Institute of Internal Auditors (IIA) Ghana, the work of internal auditors facilitate good corporate governance and compliance. These in turn ‘provide strong inputs for organisational or business sustainability and prevent corporate scandals, fraud and failures.’

Mrs Aboagye-Wiafe reportedly said this at the IIA’s 2019 Annual National Internal Audit and Governance Conference.

In June 2019, Auditor-General Mr. Daniel Yao Domelevo also stated that it is better to prevent corruption. Therefore, making internal auditors independent is one of the control mechanisms that government can put in place to prevent corruption. He even suggested to the Presidency to consider the inclusion of the Director General of the Internal Audit Agency (IAA) in Government’s Economic Management Team to help control expenditure within certain strategic sectors.  He took the view that internal auditors would provide timely information on lapses within the Public Financial Management system to enable the E. M. T. take judicious measures to address identified inefficiencies.

In spite of these authorities speaking favourably on internal auditors, Corruption Watch has come across cases from its investigations in which some internal auditors have allegedly been professionally abused and harassed for refusing to be compromised.

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Finance Ministry, GRA to crack down on corrupt officers

To root out corrupt revenue collection officials in the country, the Ghana Revenue Authority (GRA) and Ministry of Finance have established a Tax Audit and Quality Assurance Unit.

A bold move, according to some industry voices, the new department will deal with all complaints of corruption and ensure that the public gets redress for any concern brought before it. It will also serve as the auditing arm of the GRA and re-audit the work of officers to ensure they have not shortchanged government through their actions, knowingly or unknowingly.

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Intensify seizure of assets of corrupt officials – Experts say as Corruption Watch launches Webcast series

Two anti-corruption experts have said the recent order by an Accra High Court for the seizure of assets of persons convicted in the NCA case is a significant deterring anti-corruption measure.

Overall, they view Justice Eric Kyei Baffour’s judgement as the clearest indication yet of the application of laws to combat corruption.

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A Deep Dive into the Auditor General’s Performance Audit for Roads

If the Tetteh-Quarshie to Madina highway is your usual route, I have a couple of revelations for you. Number one: there was approximately 117 months of delay to that project. Number two: the extensions of time resulted in additional costs of about 146.91 million Ghana cedis or six hundred and twenty-four percent (624%).

That is not all. I will also take you through some more revealing facts about the construction of the East Legon to Spintex Road Tunnel and the Ayamfuri to New Obuase Road Project, among others. 

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