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GIISDEC CEO, Deputy CEO F & A and Director of Finance under fire for financial irregularities and mismanagement

GIISDEC CEO, Deputy CEO F & A and Director of Finance under fire for financial irregularities and mismanagement
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The document revealed that the difference in compensation not remitted to the qualified staff in 2022 alone was a staggering GHC 1.832 million

However, a letter dated December 7, 2020 for compensation structure issued by Ministry of Finance (MoF) for staff Condition of Service, annulled the earlier arrangement with FWSC. Following that, Staff were subsequently placed on Step 1 of the Ministry of Finance compensation structure with the instruction not to vary same for two years. It was the time Financial Clearance was given to 48 staff including all the Government executive appointees, with a total monthly compensation package of GHC 528,816, which amount stood same between September 2020 to December 2021, this reporter gathered.

When this detected discrepancies in salary was brought to the attention of management, the Director of Finance Prince Ofosu Baakoh, on behalf of Chief Executive Officer Kwabena Bonsu Fordwor and the Deputy Chief Executive Officer, Finance and Administration Nicholas Andoh, acknowledged the discrepancies but was quick to explain that it was an arrangement to cater for some twenty (20) contract staff who do not have Financial Clearance, as well as other payments for goods and services.
This explanation did not go down well with the staff as they felt disrespected and cheated. Reason being that, in the books of the Ministry of Finance, the workers have been migrated from Step 1 salary structure to Step 3, but in actual fact, these workers are being paid by management of GIISDEC using Step 1. (Find MoF approved salary structure below)

Source: Ghananewsonline.com
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