outgone Auditor-General

Venture Capital Makes $3.6m Wrongful Payment To SIC Financial Services, Two Entities — Report

by

The management of the Venture Capital Trust Fund has made the wrongful payment of US$3.6 million to SIC Financial Services Limited (SIC-FSL) and two entities, the Auditor-General’s 2015 Report has revealed. The Auditor-General’s 2015 Audit Report to Parliament said the two entities that also benefitted from the wrongful payment were representatives of the Bethany Church. … Read more

Eight Institutions Owe SSNIT GHc477.3m

by

The Social Security and National Insurance Trust (SSNIT) has not recovered the GH¢477.3 million loan it granted to eight public and private institutions and organisations, the Auditor-General’s Report for 2015 has revealed. The Auditor-General’s 2015 Audit Report to Parliament says the collaterals provided by the defaulting institutions have not been assessed by SSNIT for it … Read more