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Audit Service Saves GH¢387m – Bawumia

Audit Service Saves GH¢387m – Bawumia
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Corruption prevention measures implemented by the Internal Audit Agency (IAA) in 2020 saved the country GH¢387 million.

The measures included tackling weak control systems and injecting discipline in the management of public funds.

The Vice-President, Dr Mahamudu Bawumia, who made this known when he swore in members of the IAA Board at the Jubilee House last Friday, commended the agency for protecting the public purse.

He said in addition to saving the country millions of cedis through the work of the agency, audit committees and internal audit units across the country, audit infractions reported in the 2020 Auditor-General’s Report reduced by 32 per cent for ministries, departments and agencies (MDAs), 34 per cent for metropolitan, municipal and district assemblies (MMDAs), 92 per cent for technical universities and 38 per cent for the District Assemblies Common Fund (DACF) and other statutory funds.

The IAA Board, which is chaired by Mr Joseph B. Winful, has Dr Eric O. Osae, Mr Samuel Danquah Arkhurst, Mr Frank A. Raji, Dr Mrs Janet Ampadu Fofie, Mr Fiifi Kwakye, Madam Edith Pinamang, Professor Kwame A. Frimpong and Mr Christian Sottie as members.

Source: Graphic.com.gh
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