• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, August 23, 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

GII Calls For Campaign Finance Legislation

May 8, 2024
Lilian Ahedorby Lilian Ahedor
in General News
0
Mary Addah on Sammy Gyamfi

Mary Addah, Executive Secretary GII

The Ghana Integrity Initiative (GII) has announced its intention to introduce legislation regulating campaign finance, amid growing concerns about electoral malpractices, including vote buying, which have marred recent elections.

Mary Addah, Executive Secretary of the GII, emphasized the crucial need to tackle this issue, pinpointing it as a key driver of corruption-related offenses, and urged a collective effort to combat these practices, fostering a collaborative approach to promote transparency and accountability.

Madam Mary Addah made these remarks during the third day of the 14th Commonwealth Conference for Heads of Anti-Corruption Agencies in Africa held in Accra on Wednesday.

RelatedPosts

COCOBOD must Adapt, not Disappear — Finance Ministry Advisor Defends COCOBOD’s Existence

NDC Risks Losing Youth Mobilisation Power

Cudjoe Dissects Ridge Hospital Crisis and Governance Failures

“We have been monitoring the abuse of incumbency and electoral corruption over the years since 2008. This is a subject we focus on, especially during elections. We are currently collaborating to propose a bill for regulating campaign financing, which is a significant factor driving corruption in Ghana.”

Mary Addah

Furthermore, Mary Addah observed that Ghana’s elections have become increasingly expensive, particularly since citizens have begun demanding more financial contributions from politicians during election seasons, leading to a culture of extortion and heightened financial expectations.

The GII Executive Secretary, also called for the introduction of a robust asset declaration system, requiring politicians to disclose their assets before running for public office, as a vital measure to tackle corruption and promote transparency among public officeholders.

Moreover, the GII noted that financing political campaigns had been a major contributor to corruption in the country, emphasizing that proper regulation of political campaign financing could gain the country numerous resources.

The GII further indicated that research from the Centre for Democratic Development- Ghana (CDD) indicates that it costs about $300,000.00 to win a parliamentary seat, emphasizing that the cost is getting higher.

As such, the Ghana Integrity Initiative (GII) emphasized that campaign financing must be made transparent, so the public is aware of the sources of funding for political parties and their presidential and parliamentary candidates, enabling informed decision-making and accountability.

Political Campaigns, Source of Corruption

While financing political campaigns is a crucial aspect of democratic elections, it is also a source of corruption in Ghana as the country’s political campaign financing system is largely unregulated, which creates an environment conducive to corruption.

Qttk9kpTURBXy8xODMyYTQ1ODA5YWIwYjc0NmIwNzdhN2ViM2M2OTc5OC5qcGeRkwXNAxTNAbyBoTAB 753x424 1

Political parties and candidates are not required to disclose the sources of their funding, which makes it difficult to trace the source of donations. This secrecy creates an environment where illegal or unethical funding sources can be used to finance political campaigns.

Accordingly, the GII had directed the Electoral Commission to thoroughly scrutinize the audited accounts of political parties, their financiers, and where the funds are being generated.

Moreover, the reliance on private funding sources creates a situation where politicians are beholden to their donors.

This can lead to influence peddling, where donors expect favors or influence in return for their contributions. This can result in politicians prioritizing the interests of their donors over the public interest, creating a conflict of interest.

According to the GII, the lack of regulation in campaign financing creates an opportunity for illicit funding sources to be used.

For example, drug traffickers or fraudsters may use campaign donations to launder their illegal proceeds or to gain influence over politicians.

Furthermore, due to a lack of regulations on campaign financing, politicians engage in vote-buying which undermines the integrity of the electoral process.

As such, the lack of public funding for political parties creates an uneven playing field, where wealthy donors or special interest groups have disproportionate influence over politics thereby marginalizing smaller political parties and creating an environment where corruption can thrive.

To curb corruption in elections, politicians must be required to disclose the sources of their funding and limit the amount of donations that can be made by individuals or organizations.

READ ALSO: Russia Discloses Formula To War’s End

Tags: Commonwealth ConferenceElection 2024Electoral Commission (EC)Ghana Integrity Initiative (GII)Vote-buying
Please login to join discussion
Previous Post

Ghana’s April Inflation Eases to 25.0%, Yet Impact Lingers

Next Post

Simi Addresses Controversy of Single ‘Men Are Crazy’

[mc4wp_form id="1264"]

Related Posts

Frederick Amissh, Technical Advisor to the Ministry of Finance
General News

COCOBOD must Adapt, not Disappear — Finance Ministry Advisor Defends COCOBOD’s Existence

August 23, 2025
Guinea Junta Suspends Key Opposition Parties
Africa

Guinea Junta Suspends Key Opposition Parties

August 23, 2025
South Korea’s President Visits Japan
Asia

South Korea’s President Visits Japan

August 23, 2025
Professor Godfred A. Bokpin, an Economist and Professor of Finance
News

Economist Demands Sweeping Reforms to Make Cocoa Sector More Attractive

August 23, 2025
Ghana Pushes Mining Reforms as Minerals Commission Outlines Overhaul of Act 703 
Extractives/Energy

Ghana Pushes Mining Reforms as Minerals Commission Outlines Overhaul of Act 703 

August 23, 2025
NDC risks youth mobilisation
General News

NDC Risks Losing Youth Mobilisation Power

August 23, 2025
Frederick Amissh, Technical Advisor to the Ministry of Finance
General News

COCOBOD must Adapt, not Disappear — Finance Ministry Advisor Defends COCOBOD’s Existence

by Evans Junior OwuAugust 23, 2025
Guinea Junta Suspends Key Opposition Parties
Africa

Guinea Junta Suspends Key Opposition Parties

by Lawrence AnkutseAugust 23, 2025
South Korea’s President Visits Japan
Asia

South Korea’s President Visits Japan

by Comfort AmpomaaAugust 23, 2025
Professor Godfred A. Bokpin, an Economist and Professor of Finance
News

Economist Demands Sweeping Reforms to Make Cocoa Sector More Attractive

by Evans Junior OwuAugust 23, 2025
Ghana Pushes Mining Reforms as Minerals Commission Outlines Overhaul of Act 703 
Extractives/Energy

Ghana Pushes Mining Reforms as Minerals Commission Outlines Overhaul of Act 703 

by Prince AgyapongAugust 23, 2025
NDC risks youth mobilisation
General News

NDC Risks Losing Youth Mobilisation Power

by Lilian AhedorAugust 23, 2025
Frederick Amissh, Technical Advisor to the Ministry of Finance
Guinea Junta Suspends Key Opposition Parties
South Korea’s President Visits Japan
Professor Godfred A. Bokpin, an Economist and Professor of Finance
Ghana Pushes Mining Reforms as Minerals Commission Outlines Overhaul of Act 703 
NDC risks youth mobilisation
[/vc_row_inner]

Recent News

  • COCOBOD must Adapt, not Disappear — Finance Ministry Advisor Defends COCOBOD’s Existence
  • Guinea Junta Suspends Key Opposition Parties
  • South Korea’s President Visits Japan
  • Economist Demands Sweeping Reforms to Make Cocoa Sector More Attractive
  • Ghana Pushes Mining Reforms as Minerals Commission Outlines Overhaul of Act 703 
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.