Ministries, departments and agencies (MDAs) owe the Graphic Communications Group Limited (GCGL) GH¢14 million, the Managing Director of the company, Ato Afful, has indicated. He said the GCGL had taken an initiative, on the instruction of its Board of Directors, to write to the Minister of Finance to enable the MDAs to defray their indebtedness […]
Tag: PAC
ECG can’t trace directors of 23 indebted companies
The Electricity Company of Ghana (ECG) cannot trace the directors of 23 companies that are indebted to it to the tune of millions of Ghana cedis. The 23 companies — which are not operating — are mostly steel firms, and are part of 27 companies that were indebted to the ECG to the tune of […]
ECG owes Bui Power over $600m – PAC urges quick recovery
The Bui Power Authority (BPA) has been advised to expedite its rate of recovering a $614, 373,274.36 debt owed it by the Electricity Company of Ghana (ECG). This is because the money owed the power generator has been indicated to be adversely affecting its ability to operate effectively and deliver on its mandate. The Chairman […]
Auditor General’s accounts to be audited
Parliament has constituted a four-member ad hoc committee for the recommendation of an auditor to audit and report on the accounts of the Office of the Auditor General. This followed the adoption of a motion moved by the Majority Leader, Mr Osei Kyei-Mensah-Bonsu. The committee The committee is chaired by Mr James Klutse Avedzi, Member […]
Two Finance Officers arrested at Public Accounts Committee hearing
Two Finance Officers were yesterday, January 20, 2020 arrested, handcuffed and detained at Parliament police station for attempting to deceive the Public Accounts Committee. The two, Isaac Akowuah and James Essilfie have been accused of trying to deceive the Public Accounts Committee by submitting payment vouchers that did not march what was captured by the […]