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Finance Ministry: Looters of public funds will be held accountable

Finance Ministry: Looters of public funds will be held accountable
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The Ministry of Finance has vowed to ensure that individuals who looted the public purse are held accountable following the release of the Auditor-General’s report on arrears and payables as at the end of 2024.

The Ministry said the report has been formally referred to the Attorney-General for appropriate legal action against those responsible.

In a statement delivered on behalf of Finance Minister Dr. Cassiel Ato Forson in Parliament on Tuesday, March 10, the Deputy Minister for Finance, Thomas Nyarko Ampem, added that all individuals who abused their offices, colluded with contractors, falsified records, or attempted to loot the public purse “through the back door” will be held to account.

“Speaker, the Minister for Finance has formally referred the report of the Auditor-General to the Attorney-General to bring to account those responsible for this rape of the public purse. Those who abused their offices, colluded with contractors, falsified records, or attempted to loot the public purse through the back door will be held to account,” he said.

Nyarko Ampem further stressed that the Ministry will no longer serve as a “rubber stamp” for weak controls and falsified claims, signalling a stronger commitment to financial discipline and accountability in government operations.

“Speaker, the Ministry of Finance, will no longer serve as a rubber stamp for weak controls and falsified claims,” he stated.

He emphasised that the government will not tolerate fraud or mismanagement of public funds.

“The Mahama administration refuses to accept this rotten system. We refuse to normalise waste, and we refuse to ask the Ghanaian people to pay for fraud,” he said.

The Auditor-General’s report, delivered on March 10, 2026, highlights arrears and unpaid obligations as at the end of 2024 and identifies areas of financial mismanagement across various government entities.
Source: CNR

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