Audio By Carbonatix
Governance expert and public financial management specialist, Dr. Eric Oduro Osae, has called for firm action against technical officers in government institutions, following revelations of massive financial irregularities in the latest Auditor-General’s report.
Speaking on Newsfile on Saturday, Dr. Oduro Osae stressed that political officeholders are not the only ones to blame for the deepening mismanagement of public funds.
He argued that entrenched technical officers, including finance officers and chief directors, must also be held accountable for the worsening state of public financial governance.
“When you look at these figures, it tells you that there is something fundamentally wrong with our system. This is not the issue of politicians,” he said.
“If we want to fight corruption, prevent abuse, misuse and the loot, we should balance our energies.”
Dr. Osae explained that while politicians approve decisions at the policy level, the execution — including authorisation of financial transactions — lies squarely with civil servants.
“No politician signs checks. The politicians give approval, but the checks are signed by the finance officers and the chief directors who manage this system. So I think we have to purge the system,” he stated.
He took aim at what he termed the "permanent government" — career civil servants who remain in place regardless of the political administration in power and, in many cases, he suggested, pass on unethical practices to incoming officials.
“The politicians have a maximum of eight years. But these are people who call themselves permanent government. Every government will come and go. They are there, and they teach some of them how to do these things,” Dr. Osae added.
His comments follow the 2024 Auditor-General’s report, which revealed a 109% surge in financial irregularities in the operations of public boards, corporations, and statutory institutions. The total jumped from GH¢8.8 billion in 2023 to GH¢18.4 billion in 2024, reversing a previously improving trend.
The bulk of the flagged amount, GH¢15.57 billion, is considered recoverable, covering unpaid taxes, locked-up investments, outstanding loans, inter-agency debts, and unretired imprest.
The remaining GH¢2.84 billion was attributed to administrative lapses, including procurement breaches and procedural inefficiencies.
While the Auditor-General noted that 84% of the flagged amounts are recoverable, Dr. Osae insists recovery alone is not enough.
“The Auditor-General said 84% is recoverable. He should be able to tell us how he is going to recover and the recoveries for the previous years. But I think that heads must roll,” he asserted.
Latest Stories
-
Mahama must probe$1.7bn GoldBod loss – Abena Osei-Asare
4 minutes -
Ousted Syrian dictator Bashar al-Assad sentenced to death in absentia
13 minutes -
Assin Fosu court orders mental examination for woman accused of assaulting 10-year-old daughter
22 minutes -
Vice President calls for sustainable livelihoods, stronger protection for Kayayei
28 minutes -
Family, passengers injured in ghastly road crash at Ejisu
30 minutes -
DMU 002 train repaired after colliding with goat near Ashaiman
39 minutes -
Three remanded over alleged concealment of 869 cocaine slabs in gari
42 minutes -
Ernest Chemists mourns with Dagbon, donates GH¢70,000 to Palace
43 minutes -
Court turns down bail for alleged romance scam pastor
53 minutes -
Asokwa MCE links recent MoMo vendor attacks to Asafo Market decongestion
53 minutes -
Galamsey has polluted 60% of Ghana’s water bodies — CSIR-WRI scientist
55 minutes -
Criminal trials during legal vacations a ‘novel’ departure from tradition — Kpemka
55 minutes -
Nana B begins campaign tour in Ashanti region as he eyes NPP 1st Vice chair position
55 minutes -
CDD-Ghana calls for investigations into unresolved 2020 and 2024 election violence cases
57 minutes -
Communities applaud early gains under Damang Gold Mine Limited
1 hour