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Assemblies’ Common Fund rip-off rises to GH¢124.82 million

Some officials of Metropolitan, Municipal and District Assemblies mismanaged funds and resources of their assemblies to a financial value of approximately GH¢124.82 million in 2019, the Auditor-General has revealed.

The financial irregularities for 2019 represent a 3.53% rise from the 2018 figure of approximately GH¢120.56 million. In nominal terms, the increase is approximately GH¢4.2m. 

“The findings once again showed lack of commitment on the part of the management of Assemblies in the implementation and enforcement of my audit recommendations towards mitigating infringements of the laws. I also attributed the situation to non-imposition of sanctions to minimise the violations,” says the Auditor-General in a letter transmitting his latest report to the Speaker of Parliament.

Comparative irregularities from 2015 to 2019 financial years
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RTI law does not fully support fighting illicit financial flows – Dr Stephen Manteaw

Co-chair of the Ghana Extractive Industry Transparency Initiative, Dr Stephen Manteaw has said that Ghana’s Right to Information (RTI) Law in its current form does not fully support efforts to counter illicit financial flows.

He said the Law would have to be used together with other transparency legislations such as Beneficial Ownership, Open Contracting and the Petroleum Register to achieve its purpose.

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Zimbabwe anti-graft body launches new operation to curb corruption

Zimbabwe’s anti-graft body, the Zimbabwe Anti-Corruption Commission (ZACC) has launched a new operation code-named “Wakazvitenga Sei?” (Shona language, means “How did you acquire your property?”)

Those who fail to account for their wealth will forfeit it to the state, ZACC chairperson Loice Matanda-Moyo told the government-controlled Sunday Mail newspaper.

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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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