A Deputy Minister for Finance, John Kumah has refuted IMANI Africa’s report that ranked the Ministry of Finance as the “most fiscally reckless institution in Ghana”.
He described the report as deceptive and misleading as it failed to go beyond the Auditor-General’s report.
“The Auditor General’s report per its reporting structure did not account for the funds recovered, even though the Government had taken steps to address the losses and recover the money”.
“In summary, IMANI did a poor job when it failed to go beyond the Auditor General’s report to establish the actual reasons for these losses and whether or not the said amount has been refunded,” the Deputy Minister asserted.
According to the Deputy Minister, the government has retrieved GHC11billion from culprits named in the Auditor-Generals’ report, adding that appropriate legal actions have been taken against the culprits.
In a news item published by the Daily Guide, Dr Kumah said IMANI only rehashed an Auditor-General’s report which has been misinterpreted to create the impression that the nation lost some billions when in fact, that was not the case.
The IMANI Africa on May 30, 2022, launched a report that ranked the Finance Ministry as Ghana’s most financially reckless ministry.
The report which was dubbed the 2022 Fiscal Recklessness Index said the State lost GHC11 billion due to omission and commission of the officials of the Ministry.