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Corruption costs Ghana more than the $3bn it is seeking from IMF – Dr Ali-Nakyea

Former Malawi Officials Arrested For Allegedly Misleading IMF
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A lecturer at the University of Ghana School of Law is worried about the imprudence that surrounds government expenditure in the country.

According to Dr Abdallah Ali-Nakyea, judicious spending could have saved the country many funds to the extent that government would not need support from the International Monetary Fund (IMF).

He alluded to the revelation in 2018 when the Commissioner for Human Rights and Administrative Justice (CHRAJ), Rev. Richard Quayson revealed that the country loses more than $3 billion every year through corruption.

NutricareCoincidentally, it is about the same amount that the Finance Minister is seeking to get from the IMF in the ongoing talks.

Source: Myjoyonline
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