Audio By Carbonatix
Kobina Ata-Bedu, Management Consultant and Procurement Specialist, has criticised the recently passed Value for Money Office Bill 2026, describing it as “useless” and likely to create confusion in public financial management.
He made the remarks during the JoyNews Newsfile programme on Saturday, March 28.
“The bottom line is that this is a useless Act that is only going to create confusion because the obligations and responsibilities are already enshrined in several laws, and all we have to do is to make them work,” Ata-Bedu said.
“When they are not working, all those laws have clauses in them for contraventions and penalties.”
The Bill, which was passed in Parliament earlier this year, establishes an independent Value for Money Office intended to strengthen oversight of public spending and procurement.
Finance Minister Dr Cassiel Ato Forson described it as a mechanism to address inefficiencies, cost overruns, abandoned projects, and wasteful spending across government institutions.
Ata-Bedu warned that, despite its intentions, the new framework risks duplication of existing provisions, potentially overlapping with other oversight mechanisms and complicating enforcement rather than improving accountability.
He urged that attention be focused on effectively implementing existing laws before creating new institutions.
Latest Stories
-
Big Push sole-sourced contracts: NDC has ‘reset’ Ghana for the worse – Baffour Awuah
12 minutes -
Roads Minister’s response to our report was ‘hollow’ – Sulemana Braimah
38 minutes -
NDC committed to ending sole-sourcing abuse – Alhassan Suhuyini
46 minutes -
Big Push is government’s biggest intervention to fix Ghana’s roads – Alhassan Suhuyini
49 minutes -
A firm awarded sole-sourced Big Push contract has 4 workers; another has just one – Sulemana Braimah
1 hour -
One firm awarded a Big Push sole-sourced contract was created in January 2025 – Sulemana Braimah
1 hour -
Procurement Specialist says Value for Money Office is unnecessary, warns it’ll create confusion
2 hours -
Inter Miami name stand after Argentina great Messi
2 hours -
Value for Money Office should be part of PPA – Baffour Awuah
2 hours -
Kofi Bentil blames leadership failures, not law, for procurement problems in Ghana
2 hours -
Academic City’s Tech Expo showcases innovative technologies to tackle galamsey
2 hours -
Gov’t actions contradict its own accountability pledges – Manhyia South MP
2 hours -
90% of contracts in 2016 were awarded through sole sourcing by NDC – Baffour Awuah claims
2 hours -
CFY Partners Managing partner Felix Tamattey, honoured at 11th Corporate Ghana Hall of Fame Awards
2 hours -
Academic City president Prof. McBagonluri named among Africa’s top education leaders
2 hours
