Public Interest Accountability Committee

News

$350M PAID INTO PETROLEUM HOLDING FUND -PIAC
8th October 2021

A total petroleum receipt of $350 million has been paid into the country’s Petroleum Holding Fund (PHF) for the first half of 2021 compared with US$322.5 million for the same period in 2020. This represents an increase of   8.6...

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GHANA GAS INDEBTEDNESS TO GNPC UP BY $110M; NOW $613.9M – PIAC REPORT
8th October 2021

Ghana National Gas Company’s (GNGC) indebtedness to national oil company, Ghana National Petroleum Commission (GNPC), has increased by $110 million within the first half of 2021. According to the Public Interest and Accountability Committee...

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PETROLEUM REVENUE FUNDING TO GIIF RESTORED, SAYS PIAC
7th October 2021

Petroleum revenue funding to the Ghana Infrastructure Investment Fund (GIIF) has been restored, says the Public Interest and Accountability Committee (PIAC). The Committee in its 2021 Semi-Annual Report on the management and use of the...

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¢129.26 MILLION OF ABFA ALLOCATED TO DISTRICT ASSEMBLY COMMON FUND YET TO BE DISBURSED – PIAC REPORT
6th October 2021

An amount of ¢129.26 million, representing 5% of the budgeted Annual Budget Funding Amount (ABFA), allocated to the District Assembly Common Fund (DACF), following a directive by the Supreme Court, have not been disbursed, the latest findings...

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PROF KWAME ADOM-FRIMPONG RE-ELECTED PIAC CHAIR
4th October 2021

Members of the Public Interest and Accountability Committee (PIAC) have re-elected Professor Kwame Adom-Frimpong as its Chairman for another one-year term in a meeting on Thursday, 30th September, 2021. Accepting his re-election, he...

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DEPUTY MINISTER OF FINANCE INAUGURATES PIAC BOARD
28th September 2021

Mr John Kumah, the Deputy Minister of Finance, has urged the newly inaugurated Board Members of Public Interest and Accountability Committee to execute their mandate to ensure that citizens benefit from the exploitation of the petroleum...

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