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Home Featured

Minority demands forensic audit into State-Owned Enterprises

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Minority in Parliament is demanding President Akufo-Addo orders a forensic audit into activities of State-Owned Enterprises (SOEs).

The NDC MPs are alleging widespread malfeasance in some of the government entities.

Minority Leader Haruna Iddrisu who made the call is also alleging that most of the SOEs are in serious debt.

“I smell some malfeasance. I smell some under-reported or inaccurate reporting of obligations commitments and liabilities of those entities,” he said.

According to the Tamale South MP, this situation threatens the very survival of the enterprises and must be probed to ensure their sustenance going into the future.

“For instance, you heard the Minister for Business Development in his handing-over notes, where the liability of a matter even in court of up to $5 million was unreported.

“It took us – at the appointments committee – and a perusal to be able to raise that,” he explained.

Mr Iddrisu believes an audit of the SOEs’ activities will further enhance reduce their level of indebtedness of which are currently is ‘unacceptable’ as it stands, per his assessment.

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