The Attorney General and Minister of Justice, Mr. Joe Ghartey, has dissolved the Board of the Serious Fraud Office to pave way for the organisation to be restructured.To this end, a committee (or commission), to be chaired by a Supreme Court Judge, is expected to be formed with a mandate to consider granting the SFO a more extensive directive, incorporating organised crime. They will have three months to submit their findings. According to The Statesman newspaper, someone from the AG's office has been appointed to head the SFO whilst it is being reconstituted. The Acting Executive Director, Theophilus Cudjoe, will be moved to the Ministry of National Security. The paper said its sources at the SFO have confirmed the moves, describing it as "a welcome news."The 'new' office would be in charge of investigating other serious crimes such as child-trafficking, money laundering and other offences associated with organised crime.The review committee will provide guidelines on cases to be covered by the revamped SFO. Also, several SFO branches are expected to be closed down, with resources being consolidated in a few centres like Accra, Kumasi and Takoradi, as the body focuses more on really serious economic offences and organised crime. The SFO was set up to strengthen public accountability in the use and management of financial and economic resources. It does this through regular reliability checks of management practices applied by public institutions, and investigates offences involving serious financial or economic losses to the state among others.The SFO reports to the Attorney General and, therefore, depends on the Attorney General for directions. It can prosecute offences involving serious financial or economic loss to the state on the authority of the Attorney General.The Board of the SFO is currently made up of the Inspector General of Police, the Minister of Interior and representatives from the Attorney General's Department, Narcotic Control Board, and Presidential nominees.However, since its establishment by Act 466 in 1993, the SFO has not had any substantive Executive Director, a situation that has led to a lot of power struggles.Credit: The Statesman