Ghana lost GH¢8 billion to infractions in 2016

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The Auditor-General has said the nation lost about GH¢8 billion to infractions in the year 2016, mainly due to systematic weakness.

Daniel Domelevo said the money is irrecoverable because they were lost due to internal control weaknesses and not cash irregularities.
He said the monies that they were going to recover were the ones that people used for “personal economic recovery, which is monies they stole or got from bloating of prices”.
His outfit yesterday surcharged some 62 organisations that are to repay a total close to GH¢9 million unduly paid them by the state.
He added, however, that the ones lost to infractions resulted from using unorthodox procurement means, and no one can be faulted.
“The weakness may be because the proper procurement method was not used, and that’s what we identified as infractions,” he said.
Mr Domelevo believes the way out of this spat is for these institutions to draw an action plan that will be used to address the identified infractions in the report.
“The Ministries, Departments and Agencies that have been identified must come out with an action plan to say in a month or six months or to say we are addressing the infractions [so] this is not going to recur,” he stated on Joy News TV’s Newsfile Saturday.

He added that even though that is not a legal procedure in Ghana for them to follow, it is the practice done in the advanced economies.
Responding to why his office has not taken on the organisations concerned for the infractions noted, Mr Domelevo stated that, constitutionally, his office is mandated to do an audit, state the irregularities identified and submit the report.
“It is the Attorney-General that should determine if these are criminal issues and take them further,” he stated.
He also noted that in his opinion, the existing audit report committee whose duty it is to implement the reports are illegal.
“The law states that the Minister of Finance must give a regulation before the country can have a lawful audit report committee,” he said.

-myjoyonline

ABOUT: Nana Kwesi Coomson

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A Freelance Journalist, Entrepreneur and Philanthropist. Editor-in-Chief of www.233times.com. A contributory writer for Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. He holds first degree in Bachelor of Arts from the University of Ghana; Political Science (major) and History (minor). He has also pursued MSc Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) at the Robert Gordon University in the United Kingdom. His mentors are Rupert Murdoch, Warren Buffet, Sam Jonah, Kwaku Sakyi Addo and Piers Morgan

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