Public Interest Accountability Committee

News

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...

full story
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...

full story
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...

full story
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...

full story
PIAC DEMANDS REVIEW OF GNPC’S MANDATE TO CHECK EXPENSES
9th March 2020

The Public Interest and Accountability Committee (PIAC) believes the time has come for a review of the mandate and performance of the Ghana National Petroleum Corporation (GNPC) after operating as the nation’s oil company for the past 10...

full story
PIAC DEFENDS ITS RECENT REPORT ON GHANA’S FREE SHS
9th March 2020

The Chair of Public Interest and Accountability Committee (PIAC), Noble Wadzah has defended the committee’s maiden free Senior High School (SHS) Implementation Monitoring Report for 2018/2019. According to him, “We have never been...

full story