Audio By Carbonatix
Upon assuming office, President John Dramani Mahama’s government engaged Deloitte and Touche to conduct an independent audit of the financial activities related to the National Cathedral project.
The audit, which covered the period from December 31, 2021, to December 31, 2023, has since been completed, and the findings have been submitted to the government.
According to the report, the National Cathedral Secretariat was plagued by significant financial irregularities, including procurement breaches, unsupported expenditures, and weak governance structures.
The audit highlights a persistent disregard for due process, citing unexplained payments, discrepancies in contract values, and inadequate internal controls—collectively indicating mismanagement at the highest levels.
In a major revision of previously disclosed figures, the government now reports that the state’s total financial commitment to the stalled project has reached $97 million.
This includes an outstanding $39 million owed to the contractor, even though construction has been halted for years.
Due to the flawed nature of the contract, costs continue to accrue daily, compounding the financial strain on the public purse.
Below is the full report
Latest Stories
-
Gov’t is set to issue a 7-year cedi bond on March 30, first since 2022
4 hours -
Graduates flood the workforce without practical skills – Auba Consult CEO
4 hours -
GCB Bank strengthens market leadership with record GHS3.2 billion profit in 2025
4 hours -
Luv FM Primary Schools Quiz: Manna International School books finals slot
4 hours -
Universal Hospitals Group marks Ghana month with donation to children at Ridge Hospital
4 hours -
Senegal to parade Afcon trophy despite title being stripped
5 hours -
A-Plus announces plans to build port, launch Free Zones and new city in Gomoa Central
5 hours -
Elon Musk’s X advertising boycott lawsuit dismissed by US judge
5 hours -
Fear of losing elections shouldn’t stop you from doing right — A-Plus
5 hours -
‘It’ll come back to hunt you’ – Senanu warns Minority against politicising Damang Mine lease
5 hours -
Mahama welcomes UN resolution declaring slavery gravest crime against humanity
5 hours -
Paramount Chief of Asante Akyem Agogo, Nana Akuoko Sarpong passes on
5 hours -
NIA announces early closure of registration centres for Heritage Month activities
6 hours -
My focus is industrialisation, not parliamentary debates—A-Plus
6 hours -
Inclusivity and accountability key to Ghana’s development – NDPC Chairman
6 hours
