Public Interest Accountability Committee

News

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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PARLIAMENT APPROVES PIAC REPORT
8th August 2019

The report, among others is to provide oversight and monitoring of the management of the petroleum revenues. Dr Mark Assibey-Yeboah, Chairman of the Finance Committee who presented the committee’s report noted that the statement satisfied...

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PIAC INDICTS GOV’T OF MISAPPROPRIATING $700M OIL MONEY
24th July 2019

The Public Interest and Accountability Committee (PIAC) has accused the government misappropriating some US$700million from the oil stabilisation fund. The oversight group noted the reckless action of government has breached Section 9(2) of the...

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