Audio By Carbonatix
The Director General of the State Interest and Governance Authority (SIGA), Stephen Asamoah Boateng, has expressed his disappointment in the conduct of some CEOs of State-owned Enterprises (SoEs) who failed to show up for a workshop.
This is an event to deliberate on a draft code of corporate governance for Enterprises.
Mr Asamoah Boateng, who admitted the event was streaming online, said it was still not enough that just a third of the participants had shown up.
Finance Minister Ken Ofori-Atta in July this year revealed that 47 SOEs had failed to file their annual financial statements to the Finance Ministry in accordance with the law.
This was at an event to sign a performance contract with the CEOs as he revealed that at the end of 2019, a net loss of ¢586.4 million had been recorded.
Mr. Stephen Asamoah Boateng raised this matter again during his opening speech at the workshop. He insisted that indiscipline and a lack of commitment are partly to blame for the situation.
“If we’ve been entrusted to do a job, just put your brains to it, put your commitment to it and do it. If you cannot do it, ask permission and leave. Somebody is prepared to do the job”, he said.
The former Mfantsiman West MP insisted the document to be discussed was very crucial to turning the fortunes of the SOEs.
He recounted previous instances where he had consulted some CEOs on the law setting up SIGA.
The SIGA boss revealed that it equally received little attention yet the CEOs expressed surprise at its contents when it was almost passed.
He said workshops such as this prevents such surprises. Finally, when approved, he revealed that the proposed code will impose sanctions on non-performing individuals and entities.
Latest Stories
-
12 in critical condition in accident involving 3 cars at Gomoa Amenfi
1 hour -
Fake soldier remanded over GH¢192,000 fraud
2 hours -
NPP: It’s completely premature to be jostling for running mate at this time – Abu Jinapor
2 hours -
Lands Minister inspects 320 reclaimed hectares at Manso Nyankomanse, pledges 2026 land drive
2 hours -
Bawumia has strong control over NPP after primaries victory – Abu Jinapor
2 hours -
Ejisu MP vows to unite constituency behind NPP flagbearer for 2028 victory
2 hours -
King Tackie Tawiah deserves airport naming – Ga Mantse’s protocol chief
3 hours -
ECG reaffirms cash waterfall commitment as AKSA nears 205MW Anwomaso plant completion
3 hours -
KIA renaming should be done in consultation with Regional House of Chiefs – Gov’t urged
3 hours -
We need a single African currency to enable seamless trade – Pearl Nkrumah
4 hours -
Prisons Council engages Interior Minister on service development and operational challenges
4 hours -
Local gold refining takes off as GoldBod, Gold Coast Refinery roll out new partnership
4 hours -
Ghana’s presidency regains prestige under Mahama – Okudzeto Ablakwa
4 hours -
Gunmen reportedly kill dozens in Nigeria as US military deployment confirmed
4 hours -
Man sentenced to life in prison for 2024 attempt on Trump’s life
4 hours
