Background
trending_flat
Ministries, Departments & Agencies Affected by Auditor-General’s Payroll Audit

The Auditor-General’s Office has launched an extensive nationwide payroll audit targeting Ministries, Departments, Agencies (MDAs), and subvented organizations within the Government of Ghana’s payroll system. The audit will focus on verifying government employees and eliminating fraud, covering the period from January 2023 to December 2024. The process involves a physical headcount and scrutiny of payroll records to identify ghost names and financial discrepancies.The list of affected institutions spans across numerous ministries, government agencies, subvented organizations, and regional development agencies. Notable ministries include the Ministry of Finance, Ministry of Education, Ministry of Health, and the Ministry of Defense, among others. The audit will also examine personnel records, salary payment vouchers, and compensation budgets.The audit is a response to concerns over payroll fraud, including a previous case where GH¢17.8 million in unearned salaries was paid to non-existent workers. The findings will be […]

trending_flat
BoG Warns Banks: Stop Photocopying Ghana Cards!

The Bank of Ghana (BoG) has issued a strong warning to banks, instructing them to stop photocopying customers' Ghana Cards for transactions. According to the central bank, this practice increases the risk of fraud and compromises financial security.Ashitei Trebi-Ollennu, Deputy Head of Financial Integrity at BoG, emphasized that biometric verification is the only approved method for authenticating identities in banking transactions. He stated that banks should rely on the National Identification Authority’s (NIA) biometric system instead of keeping photocopies, which could be exploited for fraudulent activities.The warning was reiterated during a forum on identity verification in financial transactions, organized by Identity Management Systems II (IMS II) Ltd in collaboration with the NIA. Industry experts at the event stressed the importance of using biometric technology to enhance security and prevent financial crimes.

About Typify

Typify: A sleek WordPress theme for bloggers. With its clean design, customizable layout, and typography options, it’s perfect for showcasing your content beautifully.

Lorem ipsum dolor sit amet, consectet adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore. Lorem ipsum dolor sit amet, consectet adipiscing elit.

Copyright 2099 Magazine.com. Lorem ipsum dolor sit amet.

Login to enjoy full advantages

Please login or subscribe to continue.

Go Premium!

Enjoy the full advantage of the premium access.

Stop following

Unfollow Cancel

Cancel subscription

Are you sure you want to cancel your subscription? You will lose your Premium access and stored playlists.

Go back Confirm cancellation