Audio By Carbonatix
The Minority in Parliament has accused Finance Minister Dr Cassiel Ato Forson and Controller and Accountant-General Kwasi Agyei of illegally withdrawing GH¢1.4 billion from the District Assemblies Common Fund (DACF) account at the Bank of Ghana in November 2025.
According to the Minority, this alleged withdrawal follows an earlier removal of GH¢11.3 million from the same account between February and April 2025, an act they claim has worsened the financial strain on local assemblies and stalled development projects across the country.
Minority Chief Whip Frank Annoh-Dompreh detailed the alleged transactions during an interaction with journalists in Parliament on Thursday, November 13, 2025.
“On November 4, they paid. The Controller and Accountant-General released it, and it went into the account of the District Assemblies Common Fund. Then, on November 11, they blocked the same payment. On November 12, they swept the account. The amount involved is some GH¢1.4 billion,” Mr Annoh-Dompreh said.
He further alleged that the Finance Minister and the Controller had overstepped their legal authority in managing the Fund.
“The Minister of Finance and the Controller and Accountant-General cannot direct or reassign these payments. As we speak, it is clear that the Finance Minister, together with the Controller, is micromanaging the funds of the DACF and redirecting these funds to wherever they so please,” he added.
The accusations come just days before Dr Ato Forson is scheduled to present the 2026 Budget Statement to Parliament.
The Ministry of Finance and the Controller and Accountant-General’s Department have not yet publicly responded to the allegations.
Latest Stories
-
Ghana has only two functional MRI machines in public hospitals – MahamaCares Assessment
11 minutes -
IMF chief says no global slowdown in sight yet, but risks high
13 minutes -
Advancing Ghana’s position in Global Business Services at the Executive Roundtable in London
14 minutes -
Trump says the US and Iran have signed a deal to end the war
16 minutes -
Brazil woman dies after rope-jumping instructors fail to attach cord
20 minutes -
Report on Big Push procurement allegations to be published on Tuesday – Kwakye Ofosu
21 minutes -
Roads Ministry did not breach PPA laws in Big Push contracts – Kwakye Ofosu
22 minutes -
Gov’t defends single-source procurement in Big Push contracts, cites urgent national considerations
23 minutes -
Fox to buy Roku streaming firm in $22bn deal
23 minutes -
Maverick Research appoints former NielsenIQ Executive Justin Sargent as strategic advisor
27 minutes -
Agyinasare storms Pakistan with leadership conference and miracle crusade
33 minutes -
Prayer Palace Church raises concerns over alleged encroachment on property by Chinese national
43 minutes -
What Is Wrong with Us: When “Me” becomes bigger than “We”
51 minutes -
Prudential Bank organises business mission to Turkey and China for customers
57 minutes -
90.28% of road contracts awarded through competitive tendering — Gov’t rebuts ‘sole-source factory’ claims
59 minutes