News
Mahama calls for stronger internal audit systems to reduce misuse of public funds
President John Mahama has called for a stronger and more effective internal audit system across public institutions.
He made the call at the opening of the Annual Conference of the African Association of Accountants General.
He explained that Ghana has two key audit bodies: the Internal Audit Agency and the Auditor General’s Department.
According to him, the Auditor General steps in at the end of every year to audit state institutions and often uncovers cases of misused funds, wrongful procurement processes and other financial breaches.
President Mahama questioned why these problems continue to appear every year despite the presence of internal auditors in every government department.
He asked how internal audits fail to detect these issues early enough before they end up on the Auditor General’s list of irregularities.
He noted that it is important for the country to take a closer look at how internal audit units operate and find ways to strengthen them.
He stressed that improving internal audits will help prevent the yearly cycle of financial mismanagement reports that damage public trust.
President Mahama encouraged public institutions to work together to build a more reliable system that identifies risks early and promotes accountability throughout the year.
By: Jacob Aggrey
Minister for the Interior, Mubarak Mohammed Muntaka, has confirmed that former Chief Executive Officer of the Microfinance and Small Loans Centre (MASLOC), Sedina Tamakloe Attionu, is in prison and serving her jail term.
Speaking in an interview on Joy news, Mr. Muntaka dismissed claims that the former MASLOC boss was being held in a private location.
He said she has been in the custody of the state since she returned to Ghana.
“From the day Sedina came, she has been with us, and she’s serving her time,” he said.
The minister explained that the public is not usually told the specific prison where inmates, especially high-profile persons, are being held for security reasons.
He said even judges who sentence offenders do not necessarily know the specific prison where they are sent.
“If you want to visit her, you can write to the Prisons Service. They will talk to her, and if she is interested in you coming, she will let you come,” Mr. Muntaka stated.
According to him, disclosing the location of high-profile inmates could put their lives at risk, adding that some developed countries also keep such information confidential for security purposes.
His comments come amid public speculation over the whereabouts of Ms. Tamakloe Attionu following reports that she had returned to Ghana to begin serving her prison sentence.
By: Jacob Aggrey
The Western Regional Commander of the Ghana National Fire Service (GNFS), ACFO I Cecil Addo, has completed a familiarization tour of major corporate and industrial institutions across the Western Region to strengthen partnerships and enhance fire safety preparedness.
The tour covered key organizations including the Bank of Ghana, GOIL PLC, Ghanstock, Western Terminals, Zen Terminal, Keda Ceramics, Takoradi International Company (TICO), Volta River Authority (VRA), Harlequin Oil and Gas, and Western Serene Atlantic Hotel.
During the engagements, the Regional Commander encouraged management of the institutions to prioritize proactive fire prevention measures by incorporating strict safety protocols into their daily operations.
Discussions also focused on improving fire readiness and strengthening collaboration between GNFS and the corporate sector.
As part of the initiative, GNFS presented firefighting equipment, including Carbon Dioxide (CO2) and Dry Chemical Powder (DCP) extinguishers, as well as Fire Extinguishing Balls, to support workplace safety.
The institutions expressed appreciation for the outreach and pledged to support regular safety audits, joint emergency drills, and potential Corporate Social Responsibility (CSR) partnerships with the Service.
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