Skip to main content

Financial Irregularities In Assemblies



Financial Irregularities In Assemblies

Cape Coast Metropolitan Assembly Over Utilized DACF To GH¢152,628.80.

The Cape Coast Metropolitan is one of the 260 Metropolitan, Municipal and District Assemblies (MMDAs) in Ghana and forms part of the 22MMDAs in Central Region.The Metropolis covers an area of 122 square kilometers and is the smallest metropolis in the country. With its administrative capital As Cape Coast, The Cape Coast Metropolitan Area is one of the oldest districts in Ghana.

Metropolitan   is bounded on the south by the Gulf of Guinea, west by Komenda Edina Eguafo/Abrem Municipal, east by the Abura Asebu Kwamankese District and north by the Twifo Hemang Lower Denkyira District.

             ADVERTISEMENT


It has been revealed in the 2018 Auditor general's report that the metropolitan has over utilized it's share of the District Assembly Common fund to GH¢15,268.80.

 Part 1 of the 2017 guideline for the utilization of the District Assemblies  Common Fund (DACF) requires that up to 10 percent of the DACF should be  allocated for recurrent expenditure. 

 We noted that management of Cape Coast Metropolitan Assembly received a total of  GH¢1,273,590.40 as their share of the Common Fund with the permissible 10% 
to be spent on recurrent expenditure as GH¢127,359.40 but spent a total of  GH¢15,268.80 representing more than the 10% of the DACF inflows on  recurrent expenditures, the excess amount spent was GH¢25,269.76

  We attributed this infraction to the inability of the management of  the Cape Coast Metropolitan Assembly to improve on it's Internally Generated Fund (IGF)  generation to facilitate funding of such recurrent expenditures. 

   The anomaly could contribute to delay in completion of DACF projects  which could lead to cost overruns of the DACF projects. 

    The auditor general therefore recommended to managements of the Assembly to refund the  excess expenditure of GH¢25,269.76 from the IGF account to the DACF  account and desist from violating guidelines on the utilization of DACF.

Stay tuned and watch out for your Assembly
  

For Sponsorship kindly contact: +233241473557.

Comments

Popular posts from this blog

NPP And NDC Playing "Chaskele" With EC... Rev Dr Worlanyo Mensah

  NPP And NDC Playing "Chaskele"  With EC... Rev Dr Worlanyo Mensah Tensions between Ghana's Electoral Commission (EC), National Democratic Congress (NDC), and New Patriotic Party (NPP) have escalated over alleged discrepancies in the 2024 voter register. Rev Dr Samuel Worlanyo Mensah, vice presidential candidate for the All People's Congress (APC), economist and a lecture at Wisconsin university Accra, has warned that the NDC and NPP's actions during the limited voter registration and special transfer of vote exercise have compromised the register's integrity. "The two major parties were bussing people from their homes to registration centers, encouraging minors and foreigners to register," Dr. Worlanyo alleged. The NDC recently raised concerns upon receiving the provisional voters register, citing bloated electoral rolls in certain polling stations and alleged attempts by the EC to rig the December 7 polls in favor of the governing NPP. In res...

NPP Government Shortchanges Cocoa Farmers: A Closer Look at the Discrepancies....Twifo Atti-Morkwa NDC Communication Officer.

NPP Government Shortchanges Cocoa Farmers: A Closer Look at the Discrepancies.... Twifo Atti-Morkwa NDC Communication Officer. In recent years, Ghana's cocoa farmers have faced significant disparities in the payments they receive for their hard work. A comparison of current cocoa pricing practices under the New Patriotic Party (NPP) government with those from the era of the National Democratic Congress (NDC) highlights a troubling trend: farmers are being shortchanged, while the government profits disproportionately. As of today, the global market price for cocoa stands at $6,470 per ton. With an exchange rate of Ghc 16.35 to $1, this translates to Ghc 105,784.50 per ton in Ghanaian cedis. Given that one ton comprises 16 bags, this sets the price per bag at Ghc 6,611.00. However, the current government pays cocoa farmers only Ghc 3,000 per ton—just 45.39% of the total price—retaining the remaining 54.61%, or Ghc 3,609.52 per ton. In stark contrast, under the NDC government led by J...

Galamsey Fight: Government Must Tread Carefully to Avoid Judgement Debt -- Rev Dr. Worlanyo Mensah

  Galamsey Fight: Government Must Tread Carefully to Avoid Judgement Debt -- Rev Dr. Worlanyo Mensah The Vice Presidential Candidate of the All Peoples Congress (APC) and renowned economist, Rev Dr. Worlanyo Mensah, has cautioned the government to exercise restraint in addressing illegal mining activities, popularly known as "galamsey." Dr. Mensah warned that hasty actions, driven by calls from Civil Society Organizations (CSOs), could lead to substantial judgement debts. "Many Ghanaians are advocating for drastic measures, including 'shoot and kill' operations and burning excavators at galamsey sites, under the guise of executive directives, which lack legal backing," Dr. Mensah said. While acknowledging the need to stop illegal mining, Dr. Mensah emphasized that such actions must be grounded in law to achieve their intended purpose. "The government must not forget that foreign and local mining firms with prospective mining licenses from the Ministry o...