
Audio By Carbonatix
The Attorney-General and Minister of Justice, Dr. Dominic Ayine, has disclosed that the government is on course to begin receiving funds into the public purse from ongoing asset and cash recovery efforts under Operation Recover All Loots (ORAL).
Speaking in an interview on JoyNews’ Newsfile on Saturday, January 10, Dr. Ayine said preliminary assessments have already been made on the amount of money that can realistically be recovered within the year.
“We have developed estimates of what is capable of being collected. Very soon, this year, I am sure things will start flowing into the government's coffers. Money will start flowing into the government chest with respect to ORAL,” he stated.
However, the Attorney-General cautioned that he could not state with absolute certainty whether the government would recover the full GH¢21 billion projected under the initiative.
“The question of whether we will be able to get exactly the 21 billion projected is one that I cannot answer with mathematical certainty at this point,” he said.
Dr. Ayine explained that extensive work is currently underway, both locally and internationally, to track and recover misappropriated state funds. On the local front, he said his office is working closely with the Economic and Organised Crime Office (EOCO) and the National Intelligence Bureau (NIB).
In addition, the Attorney-General revealed the existence of a special clandestine investigations team that reports directly to him.
He expressed confidence that the coordinated efforts of local agencies and foreign partners would soon translate into tangible financial recoveries for the state, reinforcing the government’s commitment to accountability and the protection of public resources.
Latest Stories
-
EU envoys meet to negotiate 21st Russia sanctions package
27 minutes -
Actor Rebel Wilson did not defame colleague in social media posts, Australian court finds
38 minutes -
Fewer children got US-backed HIV treatment after aid cuts, study finds
44 minutes -
Nike to tighten online sales in China amid ‘cluttered’ marketplace
53 minutes -
Iraq’s oil minister says US energy deals worth about $200 billion
1 hour -
Oil prices rise slightly after US announces new round of strikes on Iran
1 hour -
US, China to hold AI talks in September, sources say
2 hours -
Alphabet’s Gemini delay, spending worries loom over earnings
2 hours -
TikTok US chief security officer to testify before US House on September 15
2 hours -
OpenAI says AI models went rogue during testing, triggering ‘unprecedented’ breach at startup
2 hours -
Great Apes kiss and cuddle to keep the peace, says study
2 hours -
Iraola wants Mac Allister & Alisson to stay with Liverpool
2 hours -
Bournemouth reject £64m bid from Chelsea for Scott
3 hours -
Al-Hilal agree £60m deal for West Ham’s Summerville
3 hours -
‘Pressure is intense and scrutiny constant’ – referee Taylor retires
3 hours