Minority queries Government over use of Eurobond

Minority queries Government over use of Eurobond

10-12-2014 Hits:500 Politics AGN Editor - avatar AGN Editor

Accra, Dec 10, GNA- Ghana’s Minority in Parliament on Tuesday dared  government  to produce evidence on the use of the one billion Eurobond secured from the International Capital Market last...

Northern Ghana Entrepreneurship, Investment Conference opens

Northern Ghana Entrepreneurship, Investment Conference opens

10-12-2014 Hits:422 Business & Economics AGN Editor - avatar AGN Editor

Tamale, Dec 10, GNA – The Second Northern Ghana Entrepreneurship and Investment Conference, is underway in Tamale,  with the aim to create a platform to promote business and investment opportunities...

Exploitation of children into commercial sex activities must…

Exploitation of children into commercial sex activities must stop - NGO

10-12-2014 Hits:575 General AGN Editor - avatar AGN Editor

Accra, Dec.10, GNA - Mrs Mary Magdalene Yartey, Senior Programmes Officer of International Needs Ghana (INGH), a non-governmental organisation has said exploitation of children into commercial sex activities was becoming...

BIA calls for probe into SSNIT Pension Fund

 

Accra, March 19, GNA – The Bureau of Internal Affairs (BIA), has accused Social Security and National Insurance Trust (SSNIT) of mismanaging the Pension Fund, leading to agitations within the workers front.

     A statement issued by Mr Godfred Nkrumah, Coordinating Director of the Bureau and copied to the Ghana News Agency in Accra, on Monday alleged that Management of SSNIT had created administrative lapses in order to siphon the fund into their pockets.

   “Because of that any report of financial malfeasance brought before Management is not given any attention,” it said.

     According to the statement in 2010 the Ashanti Regional Area Manager and the Accountant who were accused of misusing Pension Funds , were not punished although an audited report revealed that the Manager had spent GH¢ 3.5 billion without approval.

     “Our report indicates that the Ashanti Regional Area Manager is due for retirement next month. This means that he retiring freely and getting away with financial malfeasance. “

     The statement said the Bureau is also investigating reports of improper purchasing of private properties in Labone worth millions of Ghana Cedis by SSNIT and would soon make the findings public.

     BIA is an anti-corruption organisation that also serves as centre for information gathering on public concerns, with the aim of bridging the communication gap between the public and the authorities on issues negatively affecting the nation.

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 See More  Last Update: 8th December, 2014.