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GHANA WON?T NEED IMF IF GOV?T WAS SERIOUS ABOUT RECOVERING LOST, STOLEN MONIES: 4

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2 years ago



 

Ghana won’t need IMF if gov’t was serious about recovering lost, stolen monies;


Recuperations Made

As though by divine fortune, this improvement harmonized with the arrangement of another Auditor-General who was ready to follow up on the judgment. As the President recognized in his 2015 State of the Nation Address, the principal demonstration of denial by the Auditor-General halted the expected robbery of ?5.4B (which at that date was generally $1B) by open authorities. Furthermore, as the Vice President recognized in a discourse during a Town Hall Meeting on 3 April 2019, the Auditor-General had by that date gave prohibition and overcharge declarations in overabundance of ?500M and prevailed with regards to recuperating nearly ?70M in lost or taken reserves.


Ghana won’t need IMF if gov’t was serious about recovering lost, stolen monies.

 

Albeit not a solitary public authority or other individual got arraigned for any of these, the satisfying parts of these improvements in Ghana grabbed the attention of the World Bank. In its 2020 GLOBAL REPORT, named ENHANCING GOVERNMENT EFFECTIVENESS AND TRANSPARENCY: THE FIGHT AGAINST CORRUPTION, the World Bank gladly referenced the June 2017 OccupyGhana judgment and expressed that these accomplishments in Ghana had motivated the establishment of 'comparative regulation on denials and overcharges' somewhere else. We know that Uganda, Sierra Leone, Kenya, Zambia and South Africa, have passed regulations that take motivation from our prohibition and overcharge regulations.

 

GOVERNMENT SHENANIGANS

Nonetheless, Ghana's job as the perfect example in this matter was to experience a serious shock with the public authority's trickeries that constrained the prompt past Auditor-General out of office. Two cases documented around a similar chance to decide the degree of the Auditor-General's freedom as given under the Constitution, have basically slowed down. They are not being recorded for hearing, in spite of impressive strain from common society.

 

To be continued..

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