• About
  • Advertise
  • Privacy Policy
  • Contact
Thursday, July 31, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

President Should Urge The Auditor General To Disallow And Surcharge Infractions- Apaak

October 5, 2022
Stephen M.Cby Stephen M.C
in General News
0
WAEC cannot exonerate itself from what is going on- Dr Clement Apaak

Member of Parliament for Bulisa South, Dr Clement Apaak.

Member of Parliament for Builsa South, Dr Clement Apaak, has called on President Akufo-Addo to urge the Auditor General to disallow and surcharge infractions in his report.

According to him, the directive by the President to the Director General of the State Interest and Governance Authority (SIGA) to within four weeks investigate the causes of the infractions and malfeasance raised in the 2021 Auditor General’s report and recommend actions to be taken in-line with laws governing such misconduct is “hollow” and “not necessary”.

Contained in a Facebook post, Dr Apaak revealed that the causes of the infractions are already stated in the Auditor General’s report, persons responsible identified and recommendations made. With this, he questioned the purpose of the directive and probe given by the President.

RelatedPosts

High Court Dismisses Suspended CJ’s Review Application

Effia MP Accuses Journalists of Complicity in Attacks

All Big Push Road Projects to Be Completed Within Two Years — Roads Minister

“The President should urge the Auditor General to disallow and surcharge! If it is about retrieving funds, the President should tell the Auditor General to apply his powers to disallow and surcharge without fear or favour.”

Dr Clement Apaak

The President, Dr Apaak stated, like the 32 CSOs and well-meaning Ghanaians, should express “revulsion at the reluctance of the Auditor General to apply the full powers granted his office to retrieve billions of unaccounted and embezzled” public funds.

It will be recalled that President Akufo-Addo on October 3, 2022, directed the Director of SIGA to investigate the causes of the infractions and malfeasance raised in the 2021 Auditor-General’s report.

Amb. Edward Boateng, Director of SIGA is expected to also recommend actions to be taken in line with laws governing such misconduct.

The President also charged the CEOs to change the poor narrative surrounding the management of public institutions stressing that despite investments made in the entities, loss-making continues to define them.

Auditor-General’s report

A total of ¢17.4 billion in financial irregularities were flagged by the Auditor-General in its latest report submitted to Parliament for the 2021 financial year.

This represents a 36% rise compared to that of 2020. At a meeting with Chief Executive Officers of State-Owned Enterprises, President Akufo-Addo described the development as unfortunate and demonstrates poor management and supervision of state assets.

Similar audit reports conducted on institutions in 2017, 2018, 2019 and 2020 show irregularities to the tune of GH₵ 12 billion, GH₵3 billion, GH₵ 5.4 billion, GH₵ 12.8 billion respectively.

The GH₵ 4.6 billion increase for the year 2021 is blamed mainly on credit power sales of GH¢6 billion involving Volta River Authority and Northern Electricity Development Company (NEDCO). This comprises the sale of power to mines, ministries, departments and agencies and government’s Covid-19 relief program.

Failure by management to document agreements covering some of these transactions as well as following through to recover the monies have been cited as the reasons for the situation by the report. Also, the report cited the Covid-19 National Trust Fund for failing to account for an amount of GH¢254,203.00 spent on the procurement of Personal Protective Equipment (PPE). This was money paid to the Covid-19 Private Sector Fund for the Procurement.

READ ALSO: Africa’s Growth Slowing Amid Rising Inflation – World Bank

Tags: Auditor General's reportGhana NewsInfractionsParliamentPresident Akufo-AddoSIGA
Please login to join discussion
Previous Post

mPharma Launches ‘Hypertension Test and Treat Program’ To Control Hypertension In Africa

Next Post

Currency Depreciation To Be Major Driver Of Rising Debt In 2022 – Moody’s

[mc4wp_form id="1264"]

Related Posts

South Africa Rushes To Avert US Trade Tariff
Africa

South Africa Scrambles To Avert US Trade Tariff

July 31, 2025
US FBI Opens Permanent Office In New Zealand
USA

US FBI Opens Permanent Office In New Zealand 

July 31, 2025
Suspended Chief Justice of Ghana, Justice Gertrude Araba Esaaba Sackey Torkornoo,
General News

High Court Dismisses Suspended CJ’s Review Application

July 31, 2025
Thailand Urged To Free Detained Cambodian Soldiers
Asia

Thailand Urged To Free Detained Cambodian Soldiers

July 31, 2025
Gold Coast Refinery
Economy

BoG Moves to Hedge Gold Reserves to Tackle Price Volatility 

July 31, 2025
Hon. Isaac Boamah-Nyarko, Media, Government
General News

Effia MP Accuses Journalists of Complicity in Attacks

July 31, 2025
South Africa Rushes To Avert US Trade Tariff
Africa

South Africa Scrambles To Avert US Trade Tariff

by Lawrence AnkutseJuly 31, 2025
US FBI Opens Permanent Office In New Zealand
USA

US FBI Opens Permanent Office In New Zealand 

by Comfort AmpomaaJuly 31, 2025
Suspended Chief Justice of Ghana, Justice Gertrude Araba Esaaba Sackey Torkornoo,
General News

High Court Dismisses Suspended CJ’s Review Application

by Evans Junior OwuJuly 31, 2025
Thailand Urged To Free Detained Cambodian Soldiers
Asia

Thailand Urged To Free Detained Cambodian Soldiers

by Comfort AmpomaaJuly 31, 2025
Gold Coast Refinery
Economy

BoG Moves to Hedge Gold Reserves to Tackle Price Volatility 

by Prince AgyapongJuly 31, 2025
Hon. Isaac Boamah-Nyarko, Media, Government
General News

Effia MP Accuses Journalists of Complicity in Attacks

by Silas Kafui AssemJuly 31, 2025
South Africa Rushes To Avert US Trade Tariff
US FBI Opens Permanent Office In New Zealand
Suspended Chief Justice of Ghana, Justice Gertrude Araba Esaaba Sackey Torkornoo,
Thailand Urged To Free Detained Cambodian Soldiers
Gold Coast Refinery
Hon. Isaac Boamah-Nyarko, Media, Government
[/vc_row_inner]

Recent News

  • South Africa Scrambles To Avert US Trade Tariff
  • US FBI Opens Permanent Office In New Zealand 
  • High Court Dismisses Suspended CJ’s Review Application
  • Thailand Urged To Free Detained Cambodian Soldiers
  • BoG Moves to Hedge Gold Reserves to Tackle Price Volatility 
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.