Audio By Carbonatix
The Audit Service headed by the Auditor-General, Johnson Akuamoah Asiedu, has recovered a total amount of ¢2.210 billion as financial irregularities from public institutions, about 46.13% of the expected recoverable amount.
This is out of ¢4.76 billion recommended for recovery for the period under review.
According to the Auditor-General’s Reports from 2017 to 2020 and Payroll Savings as of September 2022, the Audit Service also saved the State a total of GH¢145.08 million from payroll certifications between 2018 and September 2022.
The report said ¢1.282 billion has been recovered and deposited into an Auditor General’s Recoveries Account at the Bank of Ghana opened in June 2022.
Recoveries from tax irregularities
An amount of ¢1.644 billion was recovered in respect of tax irregularities, representing 74.39% of the total recoveries in the 2017-2020 Auditor-General’s Reports.
This was mainly from taxes owed which have now been recovered from defaulters.
Recoveries from Cash Irregularities
The total amount of recoveries for cash irregularities was ¢131.13 million for the period under review. This represented 5.93% of the total recoveries made.
Recoveries from Loans, Advances, and Indebtedness Irregularities
A total amount of ¢421.468 million representing 19.06% of total recoveries was made in respect of loans, advances, and indebtedness.
This included indebtedness of ¢327.63 million to COCOBOD, now recovered.
Recoveries from Payroll Irregularities
Payroll recoveries (unearned salaries) amounted to ¢3.212 million. This represented 0.15% of total recoveries.
Recoveries from Rent Irregularities
A total of ¢8.954 million was recovered in respect of rent irregularities and this represented 0.40% of total recoveries.
Recoveries from contract irregularities
An amount of ¢1.468 million was recovered in respect of contract irregularities, representing 0.07% of total recoveries.
Latest Stories
-
Polls open in tense Uganda election amid widespread delays
9 minutes -
Prof. Antwi-Danso urges Mahama to lead a united African front against external influence
29 minutes -
Jamaican government praises Ghanaian engineers for for post-hurricane reconstruction
32 minutes -
500 Alpha Kappa Alpha members mark Founders’ Day in Ghana, reconnect with African Roots
33 minutes -
Retired colonel warns geopolitical tensions could trigger global conflict
38 minutes -
Ghana’s delegation engages in UN Child Rights review in Geneva
43 minutes -
GPRTU denies union involvement in overcharging passengers amid vehicle shortage claims
46 minutes -
Today’s Front pages : Thursday, January 15, 2026
47 minutes -
Refuge IT Security Solutions & LifeTouch Inc support ESL Sports Personality of the Year
50 minutes -
Dr Edward Nartey Botchway: The mechanics of trust in modern banking
54 minutes -
Tricycle union urges gov’t to reduce GH₵1,500 licensing fees to boost compliance
55 minutes -
Trade Minister pushes for concrete China-Ghana investments
57 minutes -
Government has advanced nationwide expansion of CHPS compounds – Kwakye Ofosu
60 minutes -
Gov’t credits fuel and import cost cuts for easing living costs
1 hour -
Government likely to launch Women’s Development Bank this year – Kwakye Ofosu
2 hours
