https://www.myjoyonline.com/economic-crime-is-increasingly-becoming-complex-godfred-dame/-------https://www.myjoyonline.com/economic-crime-is-increasingly-becoming-complex-godfred-dame/

The Attorney-General and Minister for Justice, Godfred Yeboah Dame says economic crime in Ghana is getting complex.

This according to him is because of the various methods used by professional enablers whose conduct borders on unethical behaviour.

He mentioned breaches of procedures, violation of laws, money laundering, creation of shell companies, and concealment of illicit wealth as some of the means through which these crimes are committed.

Speaking at the 40th Cambridge International Symposium on Economic Crime, the Attorney General said, the creation of a clean, transparent and accountable financial environment must be dependent on structures and systems anchored in integrity.

"The intricacy and multidimensional nature of economic crime undoubtedly enjoin us to have a network of gatekeepers such as lawyers, bankers, real estate agents, insurance service providers and luxury service providers who are bound up by strong rules of ethics and accountability.

"A free, progressive and equitable society requires a world with men and women of integrity," he added.

Mr. Dame stressed that because public sector corruption evokes strong emotions among Ghanaians, government has enacted a set of rules founded on the principles of integrity, to regulate procurement in the public sector and to curb abuse and insider trading.

"Thus, public servants are forbidden by article 284 of the Constitution from placing themselves in situations where their personal interests interfere with or are likely to interfere with the discharge of their duties."

Again, the "Public Financial Management Act, 2016 (Act 921) enshrines a body of laws to regulate the financial management of the public sector within a macroeconomic and fiscal framework and defines the responsibilities of persons entrusted with the management and control of public funds as well as the accounting and audit of public funds," the Attorney General said.

The 40th Cambridge Symposium on Economic Crime was on the theme; Integrity.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.