• Thu. Aug 4th, 2022

“Claims of stolen ¢12bn is a playback of 2008’s crass but well-crafted, effective mischief” – Gabby Otchere Darko

 

Gabby Otchere Darko, a key member of the ruling New Patriotic Party (NPP), has demanded the Auditor General to speak out about reports that its 2020 report found that GHS12 billion had been stolen.

Gabby expressed his dissatisfaction with the Auditor Service’s silence on the issue, claiming that it is being circulated as a lie.

“Will the Ghana Audit Service continue with their remarkably loud silence, leaving the NDC to continue spreading the serious lie that some GHS12 billion has been stolen according to the 2020 Auditor General’s report?” the former Execuitve Dirceror of the Danquah Institue questioned.

He added “A playback of 2008’s crass but well-crafted, effective mischief.”

According to the Auditor General’s report, public boards, businesses, and other statutory organizations committed a total of $12.85 billion in anomalies in 2020, equating to $918.28 million.

The 2020 Auditor General Report makes this revelation.

Outstanding debtors, cash irregularities, payroll irregularities, tax irregularities, procurement irregularities, retail irregularities, and contract irregularities are among the irregularities listed in the report.

According to the data, total irregularities jumped from 718.08 million in 2016 to 12.002 billion in 2017. In 2018, irregularities decreased from $8.99 billion to $3.007 billion.

Total irregularities, on the other hand, surged by 81.8 percent from $3.007 billion in 2018 to $5.46 billion in 2019.

Out of the entire cost of GHS12.8 billion, contract anomalies accounted for GHS89.8 million.

“The total irregularities amounted to GH12,856,172,626,” according to the report, “which included US$918,285,771.95 converted into Cedis at the prevailing exchange rate of GH5.7602 to the US$1 as of 31 December 2020, €647,815.00 converted into Cedis at the prevailing exchange rate of GHS7.0643 to €1 as of 31 December 2020, and 464, 963.13 converted into Cedis at the

“In 2017, the overall irregularity figure grew from GH718,085,208 in 2016 to GH12,002,880,339 in 2017.” In 2018, the irregularities decreased by GH8,995,621,415 to GH3,007,258,924. Total irregularities, on the other hand, climbed by 81.8 percent from GH3,007,258,924 in 2018 to GH5,468,398,431 in 2019.

“Total irregularities increased by 135 percent, or GH7,387,774,195, from GH5,468,334,006 in 2019 to GH12,856,172,626 in 2020,” according to the report.

This was primarily due to a 107 percent increase in outstanding debtors/loans/recoverable component of total irregularities for the year ending December 31, 2020,” according to the study.

 

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