Public Interest Accountability Committee

News

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...

full story
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...

full story
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...

full story
OVER GH₵196M OF OIL CASH SPENT ON FREE SHS – PIAC REPORT
28th June 2018

Out of a total GH₵202.38million of oil money made available to the education sector through the Annual Budget Funding Amount (ABFA), GH₵196.38million was used to fund the Free Senior High School programme, the 2017 report of the Public Interest...

full story
PIAC FAULTS GOVERNMENT FOR BREACHING PETROLEUM ACT
28th June 2018

The Public Interest and Accountability Committee (PIAC) has faulted government for breaching the Petroleum Revenue Management Act 2011 (Act 815) in the disbursement of petroleum revenue. In its 2017 Annual Report presented at a public forum in...

full story
PIAC INDICTS GOV'T FOR BREACHES OF OIL REVENUE MANAGEMENT
28th June 2018

The Public Interest and Accountability Committee (PIAC) has indicted government for its breaches of the country’s oil revenue management laws.   The Committee in its latest report revealed that government's majority use of the oil...

full story