Business News of Thursday, 2 January 2020Source: ghananewsagency.orgAuditor-General tightens noose around asset declarationDaniel Domelovo, Auditor-GeneralThe Auditor-General on Wednesday outlined moves to tighten the noose around audit for the 2019 financial year to include the declaration of assets and liabilities of public office holders in line with the 1992 Constitution. In a statement copied to the Ghana News Agency, the Auditor-General said the move was to ensure the compliance of all public institutions with the provisions of Article 286 of the Constitution and Public Office Holders (Declaration of Assets and Disqualification) Act,1998 (Act 550). “A person who holds a public office as listed below shall submit to the Auditor-General a written declaration of all properties or assets owned by, or liabilities owed by him whether directly or indirectly: before taking office, at the end of every four years; and at the end of his term of office,” the Auditor-General stated. Others are: the Chief Justice; Justice of the Superior Court of Judicature; Chairman of a Regional Tribunal; Commissioner for Human Rights and Administrative Justice; and the Deputies. An officer in any other public office or public institution other than the Armed Forces, the salary attached to which is equivalent to or above the salary of a Director in the Civil Service of GHC4,592.00 a month effective 1st January 2020.

Source: GhanaWeb January 01, 2020 21:22 UTC