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
-
Ghana needs a law to sustain constitutional reforms – CDD-Ghana
27 minutes -
COVID fumigation audit: Auditor-General has a lot of questions to answer – Akwatia MP
27 minutes -
Stranded Ghanaian medical graduates in Cuba appeal to Mahama for immediate return
36 minutes -
GNFS contains fire outbreak at Teshie Lekma Road near Lekma Hospital
7 hours -
Samia Nkrumah rejects the narrative that Ghanaians were happy after Nkrumah’s overthrow
8 hours -
A Mother’s pain: Tribute by Ivan Baidoo’s mother
8 hours -
‘Forgive us for staying away’ — Samia Nkrumah leads family back to Nkroful, pledges to preserve Nkrumah’s legacy
8 hours -
Ernest Nuamah scores twice as Lyon beat Rennes
8 hours -
‘My dear Ivan’ – A father’s tribute to a son tragically killed
8 hours -
GNPC Explorco advances Voltaian Basin drilling preparations with 13.5km access road
9 hours -
Cabinet approves facility manager for Borteyman Sports Complex – Kofi Adams
9 hours -
Sanitation is improving; critics may be ‘living in another world’ – Salaga South MP replies Bekwai MP
10 hours -
Government must do more to tackle sanitation crisis – Bekwai MP
10 hours -
World Cleanup Day: GFF begins sanitation education in local communities
10 hours -
EU Ambassador, IGP discuss stronger cooperation on policing and security
10 hours