• About
  • Advertisements
  • Terms of Use
  • Contact
Thursday, September 10, 2026
The Sikaman Times
Advertisement
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
No Result
View All Result

Audit rejects GH¢8.1bn in questionable government payment claims

by The Sikaman Times
March 10, 2026
E-Levy removal set for March end – Deputy Finance Minister
SharePostSendShareSend

A forensic audit has disallowed GH¢8.1 billion in payment requests submitted by various ministries, departments and agencies (MDAs) after investigators uncovered fraudulent and unsupported claims.

The findings were contained in a report presented to Parliament on behalf of Finance Minister Cassiel Ato Forson by Deputy Finance Minister Thomas Ampem Nyarko on March 9, 2026. The review examined GH¢68.7 billion in contractor arrears inherited by the government.

According to Mr Ampem Nyarko, the audit was conducted by the Ghana Audit Service in collaboration with international accounting firms Ernst & Young and PwC. The team assessed unpaid Interim Payment Certificates, invoices and Bank Transfer Advices submitted by contractors and suppliers to the Ministry of Finance.

The audit validated GH¢45.4 billion for payment, while GH¢13.3 billion remains under further scrutiny due to incomplete documentation. However, GH¢8.1 billion was rejected after auditors found evidence of forged paperwork, duplicated invoices, fictitious debts and claims for goods that were never supplied.

One case involved a GH¢89.4 million claim submitted by the former Ministry of Trade and Industry as government contributions to interest payments under the One District One Factory initiative. Auditors contacted the five banks listed to receive the funds, but all denied any outstanding debt.

“According to the auditors, the said GH¢89.4 million debt was fictitious,” Mr Ampem Nyarko told Parliament.

The review also found discrepancies in the government’s 2024 emergency food relief programme. Although payment was made for 34,000 metric tonnes of rice to respond to a dry spell, only 24,000 metric tonnes were reportedly received and distributed by the Ministry of Food and Agriculture, leaving 10,000 metric tonnes unaccounted for.

In addition, GH¢4.4 billion in claims covering payments already made between 2020 and 2024 were resubmitted by MDAs, with the Ministry of Roads and Highways accounting for the largest share.

Mr Ampem Nyarko said the Finance Minister has forwarded the audit report to the Attorney-General’s Department for further action.

“Those who abused their offices, colluded with contractors, falsified records, or attempted to loot the public purse through the back door will be held to account,” he said.

Advertisement Advertisement
Tags: Featured
Share2Tweet1SendShareSend
Previous Post

Finance Minister orders ban on land transit of select imports to curb revenue loss

Next Post

Finance ministry vows strict verification of payments following Auditor-General’s report

Related Posts

Akufo-Addo’s legal counsel threatens legal action over unpaid entitlements
General

Akufo-Addo’s legal counsel threatens legal action over unpaid entitlements

September 10, 2026
Director-General of the NCA, Rev. Ing. Edmund Yirenkyi Fianko
Banking & Finance

NCA clears three applicants to proceed with 5G spectrum licensing

September 10, 2026
Government Statistician, Dr. Alhassan Idrissu
Banking & Finance

Investment surges 53% as Ghana’s domestic demand expands 11.2%

September 9, 2026
Ghana’s economy grows 6% in Q2 2026, ICT becomes biggest driver
Banking & Finance

Ghana’s economy grows 6% in Q2 2026, ICT becomes biggest driver

September 9, 2026
Directive against fare increments unfair to transport operators: YAFO Institute tells Transport Ministry
Business

Transport fares: GPRTU, GRTCC suspend increase pending further cost review

September 9, 2026
BOG sanctions Fidelity, First National banks over forex breaches
Banking & Finance

BoG warns public over 20 unlicensed digital credit apps

September 9, 2026
Next Post
Finance Ministry relocates to new office complex at Kanda

Finance ministry vows strict verification of payments following Auditor-General’s report

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Menzgold: 60% of customers ineligible for payment after validation

    Menzgold: 60% of customers ineligible for payment after validation

    50 shares
    Share 20 Tweet 13
  • We’re not negotiating; we’re executing the court’s explicit order – Nduom

    47 shares
    Share 19 Tweet 12
  • NPP boycotts Media General platforms over bias

    59 shares
    Share 24 Tweet 15
  • ‘Evangelist’ Agradaa sentenced to 15 years for fraudulent money doubling scheme

    17 shares
    Share 7 Tweet 4
  • Investment surges 53% as Ghana’s domestic demand expands 11.2%

    1 shares
    Share 0 Tweet 0

Browse by Category

  • Africa
  • Ahafo
  • Art & Entertainment
  • Arts & Entertainment
  • Ashanti
  • Aviation
  • Banking & Finance
  • Bono East
  • Brong Ahafo
  • Business
  • Business
  • Central
  • Communication
  • Culture
  • Eastern
  • Economy
  • Education
  • Entrepreneurship & Local Business
  • Exclude
  • Features
  • General
  • Ghana
  • Greater Accra
  • Health
  • Health
  • International
  • International Trade
  • Lifestyle
  • Lifestyle
  • Media
  • National
  • News
  • North East
  • Northern
  • Oil & Gas
  • Oti
  • Politics
  • Politics
  • Real Estate
  • Regional
  • Relationship
  • Relationship
  • Religion
  • Savannah
  • Social
  • Social
  • Sports
  • Sports
  • Technology
  • Tourism & Hospitality
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2022- 2026 The Sikaman Times

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus

About Us

© 2022- 2026 The Sikaman Times

QUICK LINKS

About

Privacy Policy

Terms Of Use

Advertisement

Contact

FOCUS

Ghana

Africa

International

CATEGORIES

General News

Business

Opinions

Politics

Technology

EXTRAS

Sports

Entertainment

Health & Wellness

STAY CONNECTED

Facebook Twitter Youtube Instagram Linkedin

© COPYRIGHT 2022-2026
The Sikaman Times