Public Interest Accountability Committee

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PIAC KICKS AGAINST USAGE OF HERITAGE FUND FOR COVID-19 FIGHT
7th April 2020

The Public Interest and Accountability Committee (PIAC) has kicked against the government’s decision to use the Heritage Fund to finance the fight against the novel coronavirus pandemic in the country. The Finance Minister, Ken Ofori-Atta...

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GH¢1.65BN GHANA STABILISATION FUND ENOUGH TO FINANCE CORONAVIRUS PANDEMIC – GATSI
7th April 2020

Business school lecturer Professor John Gasti has said the Ghana Stabilisation Fund has ample money to deal with the COVID-19 pandemic. Finance Minister Ken Ofori-Atta tabled before Parliament on Monday, 30 March 2020, a request for the amendment...

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PIAC KICKS AGAINST PLANS BY GOV’T TO USE HERITAGE FUND FOR COVID-19 FIGHT
7th April 2020

The Public Interest and Accountability Committee (PIAC), has kicked against government’s decision to use the Ghana Heritage Fund to finance the fight against the novel coronavirus pandemic in the country. The Finance Minister, Ken...

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FINANCE MINISTER CLEARS CONFUSION OVER PROPOSAL TO USE HERITAGE FUND IN WAKE OF COVID-19
6th April 2020

  The Minister of Finance, Mr Ken Ofori-Atta, has said his proposal for Parliament to amend the Petroleum Revenue Management Act (PRMA) to allow the government tap into the Ghana Heritage Fund is to trigger a national debate on the use of...

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GOVT USES $284 MILLION OF SINKING FUND TO PAY DEBT
18th March 2020

The Minister of Finance has disclosed that a total amount of US$283,972,853.23 which was the excess over the capped amount was for the year 2018, was transferred to the Sinking Fund for debt repayment. The Minister, Ken Ofori Atta said the...

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PIAC CITES TULLOW OIL FOR WRONGFUL PAYMENTS
17th March 2020

Tullow Ghana Plc has joined the list of oil companies making wrongful lodgments of oil revenues due the government of Ghana. The 2019 Semi-annual Report of the Public Interest and Accountability Committee (PIAC) cited Tullow of having made a...

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