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Home Business Economy

Paramount chiefs received ¢450k out of unaccounted ¢605k funds – Auditor-General

The Ghanaian Standard by The Ghanaian Standard
January 24, 2023
in Economy
Reading Time: 2 mins read
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Paramount chiefs received ¢450k out of unaccounted ¢605k funds – Auditor-General

Auditor-General, Johnson Akuamoah Asiedu

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The Auditor-General’s audit of Covid-19 expenditure has revealed that a sum of GH¢605,962 has been unaccounted for at the height of the pandemic.

Breaking it down, the Audit Service noted that the government contrary to the public financial management regulation distributed GH¢451,800.00 directly to the Paramount Chiefs of the Traditional Councils.

This, according to the report, was to help Ghana’s fight against the pandemic.

The report reveals that GH¢154,161.97 of the funds transferred were misapplied.

“The Registrars of Ashanti and Central Regional Houses of Chiefs explained that the amounts were disbursed to the Paramount Chiefs upon directives from the Presidents of the Houses.

“The Registrar, Brong Ahafo said he was not at the post during the period, whilst the other five Registrars could not assign reasons for the lapse,” parts of the report read.

It is in view of this, that the Auditor-General concluded that the unaccounted funds were misappropriated or misapplied.

The Audit Service further recommended that the Chief Director should ensure the Registrars of the eight Houses of Chiefs recover the total amount of GH¢605,961.97 from Chiefs failing which the Chief Director should pay the amount into the Auditor General’s Recoveries account.”

Source: Joy online
Tags: Auditor GeneralParamount Chief

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