Audit irregularities drop 62.9% to GH¢7.69bn — Dep Finance Minister
FINANCIAL irregularities across five categories of public institutions declined by 62.9 per cent, from GH¢20.7 billion in 2024 to GH¢7.69 billion in 2025, the Deputy Minister of Finance, Mr Thomas Nyarko Ampem, has disclosed. He attributed the reduction to preventive controls and accountability mechanisms introduced by the government to protect public funds. Speaking at a … The post Audit…
Public sector financial irregularities have plummeted by 62.9 per cent, falling from GH¢20.7 billion in 2024 to a much reduced GH¢7.69 billion in 2025, according to the Deputy Minister of Finance, Mr Thomas Nyarko Ampem. The Deputy Minister attributed this decrease to the government's introduction of preventive controls and stronger accountability mechanisms to safeguard public funds.
Speaking at a conference in Accra to commemorate the 25th anniversary of the Institute of Internal Auditors Ghana (IIA Ghana), Mr Ampem expressed his satisfaction with the progress, but also acknowledged that the remaining GH¢7.69 billion irregularities figure is still a significant concern. He emphasized the need for internal auditors to further bolster preventive controls and accountability measures to bring the figure down and better protect public resources.
The Deputy Minister stressed that internal auditing should not only focus on identifying weaknesses after losses have occurred, but should also actively help institutions detect risks early and prevent irregularities from arising in the first place.
Written by urgent.news from Ghanaian Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
