Public institutions, including state-owned enterprises, corporations, ministries, departments and agencies have committed significant financial infractions to the tune of GH¢99.57 billion in the last decade.
Over a decade, Ghana's public institutions lost GH¢99.57 billion due to financial irregularities. These included GH¢74.67 billion in debts, GH¢7.47 billion in cash issues, and GH¢17.43 billion in other irregularities. Weak internal audits and deliberate actions contributed to these losses. For example, a driver's failure to deliver contraceptives led to a financial loss. Experts recommend reforms, stronger oversight, and adopting private sector efficiency to address these issues.
