Public Interest Accountability Committee

News

PIAC TO REFER NONEXISTENT OIL REVENUE FUNDED PROJECTS TO EOCO
4th August 2019

Dr Steve Manteaw, Chairman, Public Interest and Accountability Committee (PIAC), says his outfit will soon refer cases of nonexistent projects funded  with oil revenue to the Economic and Organised Crime Office (EOCO) for investigation. He...

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NA SIKA NO WO HEN ? … PIAC ASKS GOV’T TO ACCOUNT FOR $655M OIL MONEY
28th August 2019

With a royalty payment of 12.5% based on gross production, corporate tax on profits of 35%, and participation interest of 15%, one can conveniently say that Ghana has struck a good deal for her oil find.  It is, therefore, not surprising that...

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UNUTILISED ANNUAL BUDGET FUNDING AMOUNT INCREASES TO GH¢655.12M
27th August 2019

The unutilised Annual Budget Funding  Amount (ABFA) of the oil revenue of the country has now increased to GH¢655.12 million as at the end of 2018. In 2017, the unused amount was GH¢403.74 million, but there has been an...

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WAPCO BEGINS ‘HISTORIC’ TRANSPORT OF GAS FROM TAKORADI
9th August 2019

The West African Gas Pipeline Company Limited (WAPCo) says it has began the transport of natural gas from Takoradi to the eastern part of the country. A statement from WAPCo said in June 2019, they completed commissioning and performance testing...

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REVERSE FLOW OF GAS FROM TAKORADI TO TEMA COMPLETED – GNPC
8th August 2019

The Ghana National Petroleum Corporation (GNPC) has announced the completion of the initial phase of the project (Takoradi scope) to reverse flow gas from the Western region of Ghana to the Tema power enclave. The project is being financed by the...

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PROSECUTE PEOPLE WHO MISUSE OIL MONEY – OGUAMANHENE
8th August 2019

The Omanhene of Ogua Traditional Area, Osabirima Kwesi Atta II, has called on the Public Interest and Accountability Committee (PIAC) to seek the prosecution of those who violate the petroleum revenue regulations, in order to ensure judicious use of...

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