General News of Wednesday, 31 March 2021Source: www.ghanaweb.comThe National Council for Tertiary Education (NCTE) Management has been cited in the Auditor-General Report for disbursing funds close to GH¢3 million without approval from the Ministry of Finance. The Report stated that the amount of GH¢2,653,887.76 was sourced from the Trust Fund of the council which includes feeding grants among others between 2016 and 2017. The Trust Fund’s main purpose was to transfer monies to the Colleges of Education as government feeding and other grants to students. If not refunded, the Report noted, NCTE would have incurred expenditure to the same tune outside its budget. The auditors then advised the NCTE management to seek authorization from the Minister of Finance before any virement is made.

Source: GhanaWeb March 31, 2021 06:56 UTC