Audio By Carbonatix
A governance expert with the Centre for Democratic Development (CDD-Ghana), Professor John Osae-Kwapong, has expressed concern over the lack of effective oversight in Ghana’s public institutions following revelations from the ongoing Buffer Stock Company scandal.
Speaking on the AM Show, Prof. Osae-Kwapong said he finds it “baffling” that the country’s internal control systems failed to detect irregularities that have cost the state millions of cedis.
“Anytime I listen to the Attorney-General or read the Auditor-General’s report, I ask myself — how come that throughout the entire process, none of the internal auditors or oversight units caught these issues? It’s shocking,” he said.
His remarks follow disclosures by Attorney-General and Minister for Justice, Dr. Dominic Ayine, that former Chief Executive Officer of the National Food and Buffer Stock Company, Abdul-Wahab Hannan, acquired several luxury properties in Accra and Tamale using proceeds from alleged financial crimes.
READ ALSO: List of multi-million dollar properties linked to former Buffer Stock CEO – AG
Dr Ayine, speaking during the Government Accountability Series, revealed that the properties were worth several million dollars and Ghana cedis, describing the findings as “a troubling example of the rot that has plagued the public sector.”
Prof. Osae-Kwapong noted that such recurring scandals point to systemic failures within Ghana’s governance and accountability systems.
He questioned why internal auditors, compliance officers, and financial controllers in public institutions consistently miss early warning signs.
“Across all our public sector agencies, we have internal auditors and other layers of oversight. So, how did none of these mechanisms detect these acts that have deliberately cost the nation so much?” he lamented.
The CDD fellow added that the frequency of corruption-related revelations risks deepening public cynicism.
“Honestly, I don’t even think I’ll watch the next Attorney-General’s press briefing because some of these revelations start making you cynical,” he said.
Latest Stories
-
Kade MP demands accountability over ‘unrealistic revenue targets’ and $240m gold loss
4 minutes -
Fuel tanker explosion at Potsin leaves hundreds stranded on Kasoa-Winneba highway
31 minutes -
Rising fuel prices: Damongo MP urges Mahama to hold emergency meeting, provide relief
41 minutes -
If gov’t could recruit 20k, why not earlier? – Nitiwul questions security recruitment plan
51 minutes -
Adu Boahene’s trial: Witness claims he arranged funds to pre-finance National Security suppliers
1 hour -
Empowering nonprofits article for sustainable impact
1 hour -
Focus must remain on Ukraine despite Iran war, PM says
1 hour -
Top US counterterrorism official resigns over Iran war, urging Trump to ‘reverse course’
1 hour -
World Cup 2026: Current match schedule unchanged – FIFA on Iran’s request for change of host country
1 hour -
New Juaben South MP calls for arrest of NDC youth who locked up Ejisu NHIA office
2 hours -
New SIM registration is about safety, not procurement – Sam George assures
2 hours -
MFWA launches Network of Investigative and Public Interest Journalists to strengthen regional journalism
2 hours -
Miss Tourism Kwahu 2026 launched in Obomeng to promote region as Ghana’s tourism jewel
2 hours -
GHS urges stronger partnerships to tackle ‘no bed syndrome’, rising maternal deaths
2 hours -
Hitz FM unveils ‘My Hustle’ to spotlight young entrepreneurs
2 hours
