Audio By Carbonatix
As part of efforts by the current administration to tackle corruption and reduce its menace, the Attorney General and Minister of Justice, Godfred Yeboah Dame has revealed that about eight legislations have been passed.
These legislations he added, are aimed at strengthening existing measures in fighting the canker that has bedevilled various sectors in the country.
In a speech read on behalf of President Nana Addo Dankwa Akufo-Addo at the 14th Regional Conference of Heads of Anti-Corruption Agencies in Accra, Ghana, he mentioned the Revenue Administration (Amendment) Act, 2020 (Act 1029), Fiscal Responsibility Act, 2018 (Act 982),
State Interests and Governance Authority Act, 2019 (Act 990), Anti-Money Laundering Act, 2020 (Act 1044), Corporate Restructuring and Insolvency Act, 2020 (Act 1015), Companies Act, 2019 (Act 992), Narcotics Control Commission Act, 2020 (Act 1019) and Real Estate Agency Act, 2020 (Act 1047) as the legislations introduced to curb corruption.
“Other pieces of anti-corruption legislation passed in recent times, are part of the raft of measures instituted to create a strong system for deterrence and elimination of corruption”, he disclosed.
According to him, “Corruption sometimes involves the existence of situations taken advantage of by persons entrusted with public power to inflict severe financial hardships on the State. To curb the inimical tendency on the part of public officers to enter into contracts with high rates of interest especially compound interest which results in huge judgment debt and financial loss to the State, the Office of Attorney-General in July 2023 successfully sponsored an amendment to the Contracts Act, 1960 (Act 25) to prohibit the payment of compound interest by the State in transactions entered into on her behalf by public officers. The law, the Contracts (Amendment) Act, 2023 (Act 1114), prohibits public officers from entering into a contract on behalf of the State in which the rate of interest is stipulated as compound interest”.
He revealed that Ghana has in recent times, embarked on a deliberate policy of digitalisation of the Ghanaian environment as a vital tool for enhancing transparency and efficiency in the public sector.
“Policies like a robust National Identification System, Digital Property Address System, Paperless Port Systems, E-Justice Systems, Pensions and Insurance data and a digitized Land Title Registry have in their focus the attainment of accountability and efficiency in the public space. A digitised environment ultimately helps to eliminate and prevent corruption in various institutions and agencies. Important institutions of state like the Passport Office, Ports and Harbours, Office of the Registrar of Companies, National Health Insurance Service and the Driver Vehicle and Licensing Authority, which hitherto were fertile grounds for corrupt activity, have been remarkably transformed."
"The introduction of the Ghana.Gov platform, making it possible for services to be accessed and payment made online by card without the conduit of middlemen, has significantly reduced the risk of public sector corruption through embezzlement”, he disclosed
Latest Stories
-
EximBank marks 10 years with renewed drive for export finance and industrial transformation
47 seconds -
The Inconvenient Truth: The Cost of Confusing Citizenship, Government, Governance, and Governing
4 minutes -
David Asante says Ghana Publishing Company was profitable before change in management
7 minutes -
Government urged to curb sand winning on farmlands
9 minutes -
DVLA to issue international driving licences to Ghanaians in five countries
12 minutes -
Women Development Bank to be rolled out this year – Kwakye Ofosu announces
15 minutes -
Akonta Mining manager granted GH¢10m bail in Wontumi illegal mining case
18 minutes -
ICU-Ghana kicks against sale of VALCO
26 minutes -
UK secures record supply of offshore wind projects
27 minutes -
Africa faces disproportionate impact from expanded U.S. travel ban and immigration policies
28 minutes -
Ken Ofori-Atta remains in U.S. federal custody ahead of January 20 court hearing
37 minutes -
NRSA issues safety advisory on Toyota Voxy vehicles
40 minutes -
Uganda election chief says he has had threats over results declaration
41 minutes -
Government to reorient security agencies on media relations – Kwakye Ofosu
42 minutes -
Late MP’s body detained as Bole chief, others demand nearly GH¢1m from family in protracted land dispute
44 minutes
