Audio By Carbonatix
The Ministry of Works and Housing has stated that the Greater Accra Resilient and Integrated Development (GARID) Project has effectively managed the $200 million allocated for its operations.
This comes in response to accusations from the Minority caucus in Parliament suggesting mismanagement of the project’s funds.
In a statement issued on Monday, May 20, the Ministry disclosed that as of March 2024, $127.12 million had been utilized, with $65 million allocated to support COVID-19-related expenses under the Contingent Emergency Response Component (CERC).
This component was agreed upon with the World Bank and included in the Project Appraisal Document.
“$34.33 million of the amount drawn down was used for GARID activities and the remaining $27.79 million represents the bank balances as of the reporting period. The detailed expenditure breakdown was presented to the Parliament. Additionally, since its inception in 2019, the Project has been subjected to annual financial and procurement audits by the Ghana Audit Service, as agreed between the Government of Ghana and the World Bank and stipulated in the Financing Agreement,” it added.
The Ministry also dismissed claims of embezzlement of $65 million from the project fund used for COVID-19.
It stated, “The World Bank and the Government agreed to include a “Contingent
Emergency Response Component (CERC)” in the credit facility, a mechanism allowing beneficiary countries to reallocate project funds to address emergencies during the project’s lifespan.”
“The allegation that contractors working under the GARID Project have been paid
mobilization fees for no work done is inaccurate. Except for the contractor selected
for the reconstruction of the Nima-Paloma drains who is yet to begin civil works, all
other contractors are actively working at various project sites,” the statement added.
Notable among these works are the reconstruction of broken sections of the Odaw River channel at Achimota Abofu; infrastructure upgrades in Alogboshie, Akweteyman and Nima, and performance-based dredging of the Odaw River and Korle Lagoon.
However, the Resettlement Action Plan in Nima-Paloma is nearing completion, which will allow the site to be handed over for commencement of construction works.
Find the full statement from government below:
Latest Stories
-
Earlier passage of BoG’s Amendment Bill could have prevented haircuts – Dr. Asiama
40 minutes -
Economic stability gains were hard-won through discipline and institutional effort – BoG Governor
54 minutes -
GCB Bank rewards customers at first “Pa To Pa” Promo Draw
1 hour -
EC sets March 3 for Ayawaso East by-election
1 hour -
Call for Applications: WikkiTimes launches Anas Aremeyaw Anas AI fellowship
2 hours -
GPL 2025/26: Dreams hold Hearts as Phobians record 8th draw
2 hours -
If you attempt to bribe a police officer now, he will disgrace you; he wants a promotion – IGP Yohuno
2 hours -
This Saturday on Newsfile: NPP Presidential primaries, Ofori-Atta, Sedina detention and LGBTQ-tainted manual
2 hours -
BoG to deepen media engagement and reward quality economic reporting – Governor
2 hours -
Photos: The Multimedia Group thanksgiving service 2026
2 hours -
BoG declares 2025 ‘Year of Restoration’ as inflation crashes and reserves hit 27-year high
2 hours -
2026 is the ‘Year of Action’ for Petroleum Hub project – Dr Toni Aubynn
3 hours -
Sedina Tamakloe set for January 21 US court hearing – Victor Smith
3 hours -
‘Ministerial signature is not ceremonial ink’ – CDM questions Education Minister’s role in curriculum saga
3 hours -
Multimedia Group Kumasi staff gathers to celebrate 31 years of broadcasting and community service
4 hours
