Punitive actions must follow findings of audit reports – Tax expert - News Summed Up

Punitive actions must follow findings of audit reports – Tax expert


Dr. Abdallah Ali-Nakyea explained that it is has become a tradition for findings from the annual reports from the department not to be given the needed punitive actions and that should stop, citinewsroom.com has reported. He added that instead of turning the release of the annual report into a mere ritual, prosecutions in particular to be meted out to offenders from these reports. He explained that the country will then “be giving meaning to the audit report” when the right mechanisms are used to retrieve these monies. “…else it becomes an annual ritual that does not bring money back into government coffers. In the 2020 audit report, it was established that financial irregularities committed by various statutory institutions totaled GH¢12.8 billion.


Source: GhanaWeb August 17, 2021 09:33 UTC



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