Home Business Finance: Uncovered bank transfer advices totaling GHS 293 million across six ministries…

Finance: Uncovered bank transfer advices totaling GHS 293 million across six ministries…

thomas nyarko on ministry of finance discrepancies
Black hand with suit holding 3D rendered Ghanaian cedi notes isolated on white background

According to Thomas Nyarko Ampem, the deputy minister for finance, auditors have uncovered Bank Transfer Advices totaling GHS 293 million across six Ministries, Departments, and Agencies (MDAs) without supporting documentation. He said the payment requests lacked contracts, Interim Payment Certificates (IPCs), or any records of completed work.

Speaking in parliament on the 10th of March, 2026, Thomas Nyarko Ampem said, among other things, that the audit findings showed that fraudulent documents had been submitted to the Ministry of Finance to facilitate payment requests for goods that had not been supplied.

The breakdown of the unsupported payment requests includes:

  • Ministry of Gender, Children and Social Protection – GHS 241.2 million
  • Ministry of Roads and Highways – GHS 26.3 million
  • Judicial Service – GHS 18.2 million
  • Ministry of Special Initiatives – GHS 3.7 million
  • Ministry of Health – GHS 2.4 million
  • Office of the Attorney General and Ministry of Justice – GHS 782,262

At the Judicial Service, auditors also found evidence of falsified Stores Receipt Advice documents. Thomas Nyarko Ampem said the audit findings showed that fraudulent documents had been submitted to the Ministry of Finance to facilitate payment requests for goods that had not been supplied.

The Deputy Minister said that stricter verification procedures are necessary to ensure that payments are only made for goods and services that have genuinely been delivered to government institutions.

LEAVE A REPLY

Please enter your comment!
Please enter your name here