Public Interest Accountability Committee

News

PIAC MEMBERS INSPECT OIL FUNDED PROJECTS IN NORTHERN REGION
11th July 2018

The Public Interest and Accountability Committee (PIAC), is on a week-long tour of the Northern Region inspecting some oil revenue funded projects. The team led by a Deputy Chairman of PIAC, Dr. Thomas Kojo Stephens, has so far visited Walewale,...

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PIAC URGES GNPC TO TAKE A SECOND LOOK AT ITS PRICING POLICY
11th July 2018

Mr Dennis Gyeyir, the Technical Officer of the Public Interest Accountability Committee (PIAC) has said the committee has found out that the price of the Tweneboa, Enyenra, Ntomme (TEN) crude for Ghana Group was lower than the estimated benchmark...

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PIAC TO ENGAGE SPECIAL PROSECUTOR ON OIL MONEY EXPENDITURE
10th July 2018

The Public Interest and Accountability Committee (PIAC) would soon hold a meeting with Martin Amidu, the Special Prosecutor (SP) over the disbursement of revenue accruing from oil resources, Dr. Steve Manteaw, Chairman of the Committee, has...

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WHY THE ABSENCE OF THE INVESTMENT ADVISORY COMMITTEE IS A SIGNIFICANT VIOLATION OF THE PRMA
4th July 2018

One of the key bodies mandated to ensure proper management of the Ghana Petroleum Funds (GPFs), the Investment Advisory Committee (IAC) has not met since 2016 raising questions about its relevance and impact on the management of the country’s...

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PIAC DEMANDS DETAILS ON UNSPENT GH₵400M OIL CASH
4th July 2018

The Public Interest and Accountability Committee (PIAC) has asked government to clarify the whereabouts of an unspent GH₵403.74million of petroleum revenue – allocated to the Annual Budget Funding Amount (ABFA) in 2017. PIAC, in its 2017...

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GOVERNMENT HAS NO DEFENSE IN BREACH OF PETROLEUM ACT – PIAC
28th June 2018

The Public Interest and Accountability Committee (PIAC) has insisted government’s expenditure pattern of the petroleum revenue is still in contravention with Petroleum Revenue Management Act (PRMA) 2011 (Act 815). “You can dispute the...

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