The Director-General of the State Interests and Governance Authority (SIGA), Ambassador Edward Boateng has presented the Joint Report on the 2021 Audit Infractions by SIGA and the Ghana Audit Service to the Chief of Staff, Akosua Frema Osei-Opare at the Authority’s office premises in Accra.
The presentation follows President Akufo-Addo’s meeting of Board Chairpersons and CEOs of Specified Entities on October 3, 2022 where he charged SIGA and the Auditor-General, to investigate the causes of infractions of Specified Entities cited in the 2021 Audit Report and to make recommendations as prescribed by law.
In consultation with the Auditor-General, the Director-General of SIGA constituted a Technical Committee comprising professionals from SIGA, Auditor-General’s office and the Public Enterprises Secretariat to undertake the assignment.
Receiving the report on behalf of the President, the Chief of Staff, Akosua Frema Osei-Opare reiterated the President’s unwavering support for the SOE sector.
“H.E Nana Addo Dankwa Akufo-Addo’s, strong belief in public enterprises is rooted in his vision of putting Ghana in charge of her own destiny by transitioning the country’s economy to a prosperous and self-sustaining one,” she said.
The Director-General of SIGA in his presentation expressed his gratitude to President Akufo-Addo for trusting him to lead his outfit to play such a pivotal role in Ghana's Development Agenda.
He further charged the Heads of specified entities to effect the report’s recommendations to achieve the President's vision of specified entities contributing significantly to Ghana’s GDP.
Mr. Boateng also disclosed the intent of his Authority to work with governing bodies of specified entities to develop asset revaluation policies and subsequently implement them to meet best accounting practices.
“I want to share with you SIGA's plan to collaborate with Specified Entities to embark on an asset revaluation exercise this year”, he said.
On his part, the Minister of Public Enterprises, Joseph Cudjoe instructed all Board members, management, and other key stakeholders to take the report's findings seriously.
He emphasised: “I entreat you to adhere to the espoused recommendations, when applicable, as we will not hesitate to impose sanctions when necessary.”
Also in attendance were Deputy Auditor-General, Godfred Addison, Mr. Frank Mante of the Public Procurement Authority, Mr. Mac-Effort Adadey of the Controller and Accountant General’s Department, and Dr. Eric Oduro Osae of the Internal Audit Agency, amongst others.
Latest Stories
-
Porter remanded over stealing, destroying metal guardrails at Obetsebi Lamptey overpass
3 hours -
5 remanded over GH¢2.3m and $191,900 fake notes
3 hours -
Trump says Israel and Iran have agreed to ‘complete and total’ ceasefire
3 hours -
Cedi holds firm against dollar; one dollar equals GH¢12.15 at forex bureaux
3 hours -
OIC applauds King Mohammed VI’s leadership in safeguarding Al Quds
3 hours -
Joyful Ethiopians and Eritreans embrace at rare border reopening
3 hours -
Police officers charged with murder of Kenyan blogger
3 hours -
US Tennis star Katrina Adams launches “Own The Arena” book in Accra
4 hours -
US Supreme Court allows Trump to resume deportations to third countries
4 hours -
US says Kilmar Ábrego García will ‘never go free’ after judge orders his release
4 hours -
Ignore Kennedy Agyapong’s claims; MMDCEs support not sponsored – Bawumia’s spokesman
4 hours -
Daily insight for CEOs: Strategic Agility – Thriving amid constant change
4 hours -
Mother and children suffer severe burns, appeal for support for life-saving treatment
4 hours -
‘Flower Power; An Arewa Story from the South’ opens at Worldfaze in Accra
5 hours -
KNUST researchers highlight potential areas for future research in Heterotis (Supaku) culture
5 hours