Financial Irregularities In Assemblies: part Nine

Financial Irregularities In Assemblies: part Nine

Assin Fosu Municipal Assembly Wasted GH¢74,013.00 On 35 Underutilized market stalls

The Assin North (Fosu) Municipal is one of the 260 Metropolitan, Municipal and District Assemblies (MMDAs) in Ghana and is among the 22 MMDAs in the Central Region with its administrative capital as Assin Fosu.

The Municipality shares common boundaries with TwifoHemang Lower Denkyira District on the west, Assin South District on the south, Asikuma Odoben-Brakwa District and Ajumako Enyan-Esiam District on the east, Upper Denkyira East Municipal on the north-west and Assin North District on the north.

According to the auditor general's 2018 report, it has been revealed that a total contract sum of GH¢74,013.00 has been spent on a market stalls but had been underutilized by traders.

Regulation 2 of the Financial Administration Regulations, 2004 (L.I 1802) requires the head of government department, as part of his financial duties, to secure the efficient and effective use of government appropriations under departmental control within the ambit of government policy.

We however, noted that 2 No.20-Unit market stalls at Assin Fosu Station Market completed in 2017 by the Assin Fosu Municipal Assembly at a total contract sum of GH¢74,013.00 had been underutilized by traders with only five
out of the 40 stalls being occupied by traders.

Our audit revealed that there were defects in the design of the market stalls as the walk ways between the stalls are flooded and become inaccessible anytime it rains.

We are of the view that continuous underutilization of the market stalls would lead to the beneficiaries not obtaining full benefit of the project.

The auditor general therefore recommended to management of the Assembly to ensure that the defects in the design of the markets are corrected as soon as possible to ensure
full utilization of the stalls by the traders.

Stay tuned and watch out for your Assembly

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