President John Dramani Mahama has instructed the Auditor-General to ensure that former appointees of the previous administration declare their assets as required by law.
Speaking at a State Interest and Governance Authority (SIGA) meeting in Accra, he emphasized that public officials must declare their assets twice—when they assume office and when they leave. However, he noted that many former officials under ex-President Nana Akufo-Addo have yet to comply with this mandate.
Citing Article 286 of the 1992 Constitution, President Mahama reminded all public officeholders that they are legally required to submit completed asset declaration forms to the Auditor-General. He urged those who have not yet done so to fulfill their obligations immediately, stressing that accountability must be upheld.
The Public Office Holders (Declaration of Assets and Disqualification) Act, 1998 (Act 550) outlines the officials required to declare their assets, including the President, Vice President, Members of Parliament, Ministers, Judges, top security officers, and key financial officials in government institutions.
President Mahama warned that the era of impunity and financial mismanagement must end. He reaffirmed his commitment to restructuring state-owned enterprises (SOEs) to enhance efficiency and profitability, making it clear that business-as-usual practices would no longer be tolerated.
“We must restore public confidence in governance by ensuring full compliance with asset declaration laws. Those who fail to adhere to these legal requirements will be held accountable,” he declared.
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