The Public Interest and Accountability Committee (PIAC) has started a debate on the use of oil revenues and the integrity of the Petroleum Revenue Management Act, 2011 (Act 815) (PRMA). It follows a Ministry of Finance (MoF) response to a...

A former Minister of Finance, Mr Seth Terkper, has disagreed with the government’s explanation that the recently discovered discrepancies in the allocation of petroleum revenues were due to the movement of the funds between the Treasury Single...

The Public Interest and Accountability Committee (PIAC), has accused the Ministry of Finance for failing to account for over ¢403. 74 million revenue from the annual budgetary allocation from oil revenues. According to PIAC, they are...

The Public Interest and Accountability Committee (PIAC) has stated that the Finance Ministry has on countless occasions refused to present the committee with information regarding allocation and expenditure of the Annual Budget Funding Account...

The Petroleum Commission has sent a signal to the oil and gas exploration companies on the Jubilee and TEN fields that it will soon recommend an action to be taken on dormant oil blocks. According to the Commission, out of about 17 oil blocks...

The Public Interest and Accountability Committee (PIAC) has bared its teeth at the Ministry of Finance for consistently failing to respond to questions regarding GH¢403.74 million being the unutilised portion of the Annual Budget Funding Amount...