Finance

Auditor-General recovers GH¢31.5 million from misappropriated funds

The Auditor-General’s office, headed by Johnson Akuamoah Asiedu, has recovered a whopping amount of GH¢31.5 million from the Recoveries Account created to streamline the collection of disallowed unearned salaries as of February 2025.

It was indicated that since the account was created in June 2022, all accumulated funds have been transferred to the Consolidated Fund, which is handled by the Bank of Ghana (BoG).

Speaking in an interview with the Daily Graphic, Johnson stated that the creation of the Recoveries Account has enhanced transparency and made it easier to track misappropriated funds.

“The Recoveries Account has made it easier for individuals and institutions to pay recoverable amounts. It has also improved transparency and accountability in the management of public funds.

“Before the introduction of the Recoveries Account, the process of recovering funds was often cumbersome and inefficient. Delays in payments and the lack of a centralized system made it difficult to track and manage recoveries. This account has streamlined the process, making it more transparent and accessible,” he said.

The Auditor-General assured the public that his outfit will continue to work diligently to restore financial integrity and protect the public purse.

“We are committed to pursuing all outstanding recoveries and ensuring that those who have caused financial loss to the state are held accountable. This is not just about recovering funds; it’s about restoring integrity to public financial management.

“We are continuously collaborating with relevant stakeholders to improve efficiency. Our goal is to ensure that every pesewa spent is accounted for and used for the benefit of the people of Ghana,” he added.

Source: www.ghanaweb.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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