• About Us
  • Contact Us
  • Photo Gallery
  • Privacy Policy
  • Terms of Use
  • Citi TV
Saturday, September 23, 2023
Citinewsroom - Comprehensive News in Ghana
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Opinion
  • Infographics
  • Listen To CitiFM
  • Videos
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Opinion
  • Infographics
  • Listen To CitiFM
  • Videos
No Result
View All Result
Citinewsroom - Comprehensive News in Ghana
No Result
View All Result

Institutions indicted in audit reports make amends prior to appearing before PAC – Avedzi

Edna Agnes BoakyebyEdna Agnes Boakye
August 18, 2021
Reading Time: 2 mins read
ShareShareShareShare

The Chairman of the Public Accounts Committee of Parliament, James Klutse Avedzi has discounted assertions that no serious action is taken to either retrieve monies or punish persons indicted in reports released by the Auditor-General every year.

Financial irregularities committed by various statutory institutions in the year 2020 stood at GHS 12.8 billion, up from GHS3 billion and GHS5.5 billion in 2018 and 2019 respectively.

Some Ghanaians doubt if any sanctions will be meted out to persons indicted in the report.

But Mr. Klutse Avedzi in an interview on Face to Face on  Citi TV said the Public Accounts Committee ensures that “amounts quoted by the Auditor-General are retrieved. The irregularities namely financial, tax, cash, debtors, loans, payroll, stocks and procurements, rents as well as contracts are corrected by the time these institutions appear before the Public Accounts Committee.”

“About 50% of those indicted heed to the Auditor-General’s recommendations before we sit on their cases. We report on those that do not,” he added.

He also said the committee will begin sitting on the  2020 Auditor General’s report in 2023.

Mr. Avedzi explained that “We are going to start sitting on this in 2023 because we have a backlog of 2018 and 2019 [audits to deal with]. We are going to handle that of 2018 and 2019 next year. We will do everything possible to finish with them. We are going to complete that of 2017 hopefully next week,” he added.

Audit reports could become annual rituals without sanctions 

Tax Analyst and Senior Lecturer at the University of Ghana Law School, Dr. Abdallah Ali Nakyea has warned that the release of the Auditor-General’s report is likely to become a ritual in the coming years if the right institutions are not made to implement the recommendations captured in the reports.

“If we’ll use the proper mechanisms and get the rightful institutions that can prosecute to take it up and pursue the recovery of the monies, then we’ll be giving meaning to the audit reports. Else it will become an annual ritual, which brings nothing back into government coffers. We need the revenue that has been misapplied. If it is a loan, remember taxpayers’ money would be taken to go and pay back the loan. We shouldn’t let it be swept under the carpet, as it has always been. Because the trajectory of the years from 2016 to 2020 is showing us that we are not making any headway, except for the few that we saw a dip in 2020,” he said on The Point of View on Citi TV.

 

 

ShareTweetSendSend
Previous Post

14 suspected robbers arrested nationwide

Next Post

I won’t contest again after my 5th term – James Avedzi

Related Posts

Business

GRA dismisses extortion allegations by GUTA

September 22, 2023
Top Stories

We never offered Barker-Vormawor money – National Security Ministry

September 22, 2023
News

Accra floods again, leaving homes and businesses submerged

September 22, 2023
News

#OccupyJulorbiHouse demo: Police meet with leaders of Democracy Hub

September 22, 2023
General

Ashanti Regional Security Council worried over recent murder of women

September 22, 2023
File photo
News

Woman stabbed multiple times by boyfriend at Budumburam camp

September 22, 2023
Next Post

I won't contest again after my 5th term - James Avedzi

TOP STORIES

Ghana’s public debt increases to GH₵575.5bn

September 22, 2023

We never offered Barker-Vormawor money – National Security Ministry

September 22, 2023

Accra floods again, leaving homes and businesses submerged

September 22, 2023
Load More
ADVERTISEMENT
Citinewsroom - Comprehensive News in Ghana

CitiNewsroom.com is Ghana's leading news website that delivers high quality innovative, alternative news that challenges the status quo.

Archives

Download App

Download

Download

  • About Us
  • Contact Us
  • Photo Gallery
  • Privacy Policy
  • Terms of Use
  • Citi TV

© 2023 All Rights Reserved Citi Newsroom.

No Result
View All Result
  • Home
  • News
  • Business
  • Sports
  • Showbiz
  • Opinion
  • Infographics
  • Listen To CitiFM
  • Videos

© 2023 All Rights Reserved Citi Newsroom.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT