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
-
U20 WWC: Black Princesses seal eighth successive qualification after defeating Uganda
8 minutes -
Let’s keep Yaw Sarpong’s music alive as an honour – Family, fans appeal as gospel legend goes home
10 minutes -
Mahama announces GH₵3bn revolving fund for affordable housing for public workers
25 minutes -
Mothers treated to fun, gifts and adventure at Joy FM’s Mummy’s Day Out
48 minutes -
Drenched but Unbroken: The resilience of a BECE candidate at the McDan Youth Connect
1 hour -
Princess Jannis Foundation CEO urges Ghanaians to celebrate Mothers wholeheartedly for their sacrifices
1 hour -
Court convicts man who threatened to kill police and military officers
1 hour -
Yaw Sarpong goes home: Family, Fans appeal to keep gospel legend’s music alive
2 hours -
Ghana’s Ignorant Citizens & Predatory Regulators
3 hours -
Ernest Chemists supports 100 mothers with GH₵200k medical bill intervention
3 hours -
From Bare Floors to Desks: Wa East schools receive over 2,000 desks to improve learning conditions
3 hours -
Ghana’s shoppers return—warily: Q1 2026 FMCG performance
3 hours -
President Mahama breaks ground for 1,067-unit Green City Housing project in Ashanti Region
4 hours -
Ho High Court restrains Akpevi and Tsadaviefe clans from holding outdooring or introduction ceremonies in Ziavi
4 hours -
President Mahama announces affordable housing scheme for public sector workers
4 hours