Audio By Carbonatix
The Attorney-General and Minister for Justice, Godfred Yeboah Dame says economic crime in Ghana is getting complex.
This according to him is because of the various methods used by professional enablers whose conduct borders on unethical behaviour.
He mentioned breaches of procedures, violation of laws, money laundering, creation of shell companies, and concealment of illicit wealth as some of the means through which these crimes are committed.
Speaking at the 40th Cambridge International Symposium on Economic Crime, the Attorney General said, the creation of a clean, transparent and accountable financial environment must be dependent on structures and systems anchored in integrity.
"The intricacy and multidimensional nature of economic crime undoubtedly enjoin us to have a network of gatekeepers such as lawyers, bankers, real estate agents, insurance service providers and luxury service providers who are bound up by strong rules of ethics and accountability.
"A free, progressive and equitable society requires a world with men and women of integrity," he added.
Mr. Dame stressed that because public sector corruption evokes strong emotions among Ghanaians, government has enacted a set of rules founded on the principles of integrity, to regulate procurement in the public sector and to curb abuse and insider trading.
"Thus, public servants are forbidden by article 284 of the Constitution from placing themselves in situations where their personal interests interfere with or are likely to interfere with the discharge of their duties."
Again, the "Public Financial Management Act, 2016 (Act 921) enshrines a body of laws to regulate the financial management of the public sector within a macroeconomic and fiscal framework and defines the responsibilities of persons entrusted with the management and control of public funds as well as the accounting and audit of public funds," the Attorney General said.
The 40th Cambridge Symposium on Economic Crime was on the theme; Integrity.
Latest Stories
-
2026 IWD: Underground Mining Alliance engages women entrepreneurs on rights, justice and economic empowerment
44 minutes -
Arsenal’s Max Dowman becomes youngest Premier League goal scorer
2 hours -
Ghana and Russia strengthen 68-year ties
3 hours -
Explosion rocks Amsterdam Jewish school in what mayor says is ‘targeted attack’ against Jewish community
3 hours -
Rocky Dawuni sounds alarm on Africa’s wars and youth exodus to Europe
3 hours -
Head-on collision at Tuobodom leaves two dead
4 hours -
Police officer found dead in suspected suicide at Akweteyman
4 hours -
McDan-GACL dispute could undermine investor confidence – GaDangme Coalition
5 hours -
Why Ghana must make SSNIT registration mandatory for all registered businesses
5 hours -
Ex-Health Minister Agyemang Manu faces charges in the coming weeks over questionable COVID-19 deals – Ofosu Kwakye reveals
5 hours -
Papa Ajasco breaks down over legal traps and life in poverty
6 hours -
Ahafo ranks high in national health performance review; records significant gains in maternal and child health
6 hours -
Metro Mass Transit fights back against private takeover of Opera Square terminal
7 hours -
Trump calls for allies to help secure Strait of Hormuz as Iran vows to step up retaliation
8 hours -
Chief Justice declares ADR Week nationwide
8 hours
