• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, July 9, 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

OSP Reveals Progress On Fight Against Corruption

December 16, 2023
Stephen M.Cby Stephen M.C
in General News
0
Minority Runs To OSP To “Clear” BoG Governor

Kissi Agyebeng

In combating corruption and upholding justice, the Office of the Special Prosecutor (OSP) in Ghana has made significant strides since August 2021. Despite these achievements, the recent lamentations by Special Prosecutor Kissi Agyebeng regarding the challenges faced by the OSP in the judicial system cast a shadow over its commendable efforts.

One of the notable successes highlighted by the OSP is the disruption of a counterfeit foreign currency manufacturing syndicate. Seizures were made in warehouses in Accra and Tema, uncovering a substantial amount of counterfeited forty million dollars ($40,000,000.00). This action not only combats economic crimes but also underscores the OSP’s commitment to safeguarding the nation’s financial integrity.

The OSP also played a pivotal role in the suspension of a $22 million lease agreement between the Tema Oil Refinery (TOR) and Tema Energy and Processing Limited. The suspension was initiated for corruption risk investigations, emphasizing the agency’s dedication to preserving public assets. The potential jeopardy to over $450 million of national assets underscores the critical importance of the OSP’s intervention in preventing corruption-related risks.

RelatedPosts

Every NDC Member Is Better Off Today – Gbande

Ghana Moves to Overhaul Scholarship Regime with New Bill

Ghana Slammed for UN LGBTQ Vote Abstention

“If this decision was by any means induced or influenced by corruption or corruption-related activity, and it is established that such inducement led to an unqualified company to access or operate the assets in question, more than $450 million of national assets could have been endangered.”

Kissi Agyebeng

Moreover, the OSP’s inquiry into the misuse of Customs Advance rulings and benchmark values led to parliamentary action eliminating provisions allowing discretionary practices. This legislative response effectively closed loopholes that facilitated the circumvention and underpayment of duties and taxes on imported goods. By doing so, the OSP protected the nation from potential revenue losses and thwarted unscrupulous practices that could compromise the country’s financial well-being.

supreme court 1
Supreme Court

However, these accomplishments come against the backdrop of the OSP expressing frustration with the judicial treatment of its cases. Special Prosecutor Kissi Agyebeng emphasized the importance of the judiciary not interfering with the investigative and prosecutorial powers granted to the OSP by law. Recent court decisions granting immunity from investigation and prosecution in corruption-related cases have raised concerns about the potential hindrance to the fight against corruption.

Agyebeng highlighted the danger of such decisions, stating, “The real and present danger looms largely on the consideration that, by so doing, persons under investigation would conscript the judiciary to clothe them with immunity from investigation and prosecution.” This raises critical questions about the effectiveness of the OSP and the respect it receives within the judicial system.

Supporting OSP To Succeed

It is imperative for Ghana to recognize the vital role played by the OSP in fighting corruption, safeguarding national assets, and promoting transparency. The successes achieved underscore the need for continued support and a collaborative effort from all stakeholders. The challenges faced by the OSP in the courts necessitate a re-evaluation of the judiciary’s approach to cases involving the OSP, ensuring a fair and impartial adjudication process.

“We need to support the special prosecutor.”

Afenyo Markin

All state institutions must be in sync with the fight as well. The fight left to the OSP alone will yield limited fruits compared to a collective effort from all arms, agencies and enterprises of state. As well, government must support other state institutions, such as CHRAJ, that fight corruption equally to effective win on all fronts.

As such, as Ghana strives for a corruption-free society, the nation must rally behind the OSP and provide the necessary support to bolster its efforts. The fight against corruption requires a united front, and the OSP’s achievements should serve as a rallying point for collective action in preserving the principles of justice and integrity.

READ ALSO: Kulendi Advocates Electronic Service In civil Litigations

Tags: Corruptioncounterfeited forty million dollarsJusticeSpecial ProsecutorSupport
Please login to join discussion
Previous Post

OSP Touts Kissi Agyebeng’s Achievements In Office

Next Post

Funeral Held For Journalist Killed In Israeli Strikes

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Debby Reveals Professionalism Fuels Female Musicians
Entertainment

Debby Reveals Professionalism Fuels Female Musicians

July 9, 2025
Mass Jail Sentences Deepen Tunisia’s Political Crisis
Africa

Mass Jail Sentences Deepen Tunisia’s Political Crisis

July 9, 2025
Mustapha Gbande, Party, President.
General News

Every NDC Member Is Better Off Today – Gbande

July 9, 2025
Deadly Rush Confirms Fears About Gaza Humanitarian Foundation
Asia

Mass Casualty Incidents Besmirch Gaza’s Aid Struggle

July 9, 2025
GoldBod CEO Champions Value Addition in Mining
Extractives/Energy

Ghana Poised to Reap Big from Soaring Gold Prices

July 9, 2025
Hon. Haruna Iddrisu, Ghana's Minister for Education
General News

Ghana Moves to Overhaul Scholarship Regime with New Bill

July 9, 2025
Debby Reveals Professionalism Fuels Female Musicians
Entertainment

Debby Reveals Professionalism Fuels Female Musicians

by Esther Korantemaa OffeiJuly 9, 2025
Mass Jail Sentences Deepen Tunisia’s Political Crisis
Africa

Mass Jail Sentences Deepen Tunisia’s Political Crisis

by Lawrence AnkutseJuly 9, 2025
Mustapha Gbande, Party, President.
General News

Every NDC Member Is Better Off Today – Gbande

by Silas Kafui AssemJuly 9, 2025
Deadly Rush Confirms Fears About Gaza Humanitarian Foundation
Asia

Mass Casualty Incidents Besmirch Gaza’s Aid Struggle

by Comfort AmpomaaJuly 9, 2025
GoldBod CEO Champions Value Addition in Mining
Extractives/Energy

Ghana Poised to Reap Big from Soaring Gold Prices

by Prince AgyapongJuly 9, 2025
Hon. Haruna Iddrisu, Ghana's Minister for Education
General News

Ghana Moves to Overhaul Scholarship Regime with New Bill

by Evans Junior OwuJuly 9, 2025
Debby Reveals Professionalism Fuels Female Musicians
Mass Jail Sentences Deepen Tunisia’s Political Crisis
Mustapha Gbande, Party, President.
Deadly Rush Confirms Fears About Gaza Humanitarian Foundation
GoldBod CEO Champions Value Addition in Mining
Hon. Haruna Iddrisu, Ghana's Minister for Education
[/vc_row_inner]

Recent News

  • Debby Reveals Professionalism Fuels Female Musicians
  • Mass Jail Sentences Deepen Tunisia’s Political Crisis
  • Every NDC Member Is Better Off Today – Gbande
  • Mass Casualty Incidents Besmirch Gaza’s Aid Struggle
  • Ghana Poised to Reap Big from Soaring Gold Prices
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.