Skip to main content

PIAC told to go to court to enforce recommendations


By: Fred Yaw Sarpong
sarpong007@gmail.com

The Public Interest and Accountability Committee (PIAC), the mandated body to monitor the use of Ghana’s oil revenues has been asked to go to court to seek strict compliance of the laws covering accountability of oil funds in the country.

According to Dr. Steve Manteaw, the Campaign Coordinator for ISODEC and a member of the PIAC , it’s time for PIAC as a body to consider going to court to compel institutions responsible for managing Ghana’s oil revenue to answers some questions concerning the expenditure of oil funds.

He pointed out that there are several recommendations made by the PIAC in its past reports on management of petroleum revenues, and a lot of these recommendations has received no positive response from the institutions concerned.

He disclosed this to the Daily Express at a three-day workshop on Interrogating the 2016 Semi Annual PIAC Report at Koforidua in the Eastern Region.

The workshop was organized by the Institute of Financial and Economic Journalist (IFEJ) in collaboration with PIAC Secretariat. The event was sponsored by GIZ, German Corporation. The programme brought together over 30 participants from some selected media houses, PIAC and GIZ.

“If we do not compel these institutions to do what is right and answer some questions with regard to petroleum funds, they will never give accountability to the people of this country,” said Dr. Manteaw.

Dr. Manteaw raised concern about Ghana National Petroleum Company (GNPC) not complying with PIAC’s recommendations.

In PIAC’s report for the first half of 2016, it was recommended that “the GNPC should desist from financing infrastructure projects with funds allocated to it from petroleum revenues. PIAC proposes that any outstanding payments to be made in respect of the Western Corridor Road project must be paid from the allocations to the roads and other infrastructure priority areas.”

He indicated that the GNPC has not taken into consideration this recommendation from the PIAC report. “The GNPC has been financing other projects with funds allocated to it from the petroleum funds. This is wrong and that’s why PIAC has to go to court to make sure some of these recommendations are enforce,” Dr. Manteaw said.

In his response, Mr. Kwame Jantuah, the Vice Chairman of PIAC said the committee does not have powers to prosecute. “PIAC also do not have the resources to go to court to enforce these recommendations. But what we intend doing is to alert all PIAC members to consider educating or informing their respective institutions about their roles to implements these recommendations,’ he stated.

Dr. John Gatsi, an Economist and a Senior Lecturer at the University of Cape Coast Business School encouraged Ghanaians to go to court in order to enforce some of these recommendations.

“Ghanaians should know that the PIAC report serves their interest and for that matter they can take the report and go to court,” he added.

Comments

Popular posts from this blog

Akuapem-Apirede to promote tourism

By: Fred Yaw Sarpong sarpong007@gmaail.com
The Chiefs and people of Akuapem-Apirede in the Okere Constituency of the Akuapem North Municipality have put in place strategic plans to promote tourist sites in the town.
Apiredehene, Nana Saforo Okoampah III told the Daily Express that their vision is to develop Apirede in a modern way.
“We want to have a modern society and environment. We are doing this on the basis of promoting tourism here,” he added.
According to the Apiredehene, it’s their plan to promote the historic sites and the geographical location of the community.
Apirede is one of the 17 towns that forms the Akuapem State and historically, it used to house the armours of the Akuapem State. The community is part of the Nifa division of Akuapem.
He stated that one of those things was called ‘Odosu’ (the war god for Okuapemhene). “The Chief Executioner in those days for Akuapem also came from Apirede and items that he used were also kept here,” he stated.
“These are a lot of things …

Ghana to benefit from oil spill fund

By: Fred Yaw Sarpong

Ghana as crude oil importing country will benefit from the International Oil Pollution Corporation Fund if the country witnesses oil spill at its ocean.

“The fund is a global fund and it’s meant for the countries that import crude oil. The fund is voluntary but Ghana through the Tema Oil Refinery (TOR) contributes annually on behalf of Ghana,” Mr. Kojo Agbenor Efunam, the Deputy Director in charge of oil and gas at the Environmental Protection Agency (EPA) told the Daily Express.

He explained that the fund is mostly for crude oil importing countries but not those into production and exportation.

Mr. Efunam further explained that once Ghana is part of the fund, anytime there is an oil spill involving an oil tanker on the seas of Ghana, the country can apply for the fund to solve any problem resulting from the spillage.

“If the incident does not involve a tanker the country does not benefit. But if the incident involves a tanker the country applies for the fund,” he ment…

PFM Act to guide local government authority borrowing

By: Fred Yaw Sarpong
The bill, Public Financial Management (PFM) Act 921 which has been passed into law by Parliament is to guide public institutions especially the local government authority borrowing. The law was pass on 3rdAugust, 2016
According to the law, local government authority, a public corporation or state-owned enterprise is liable for the debt and other obligations without recourse to Government, unless otherwise explicitly guaranteed by Government in accordance with this Act.
Madam Eva Esselba Mends, the Chief Economic Officer and Group Head of PFM at the Ministry of Finance told the Daily Express that the law involves a lot but it also give instruction to how state institutions can borrow especially with the  local government authority.
She mentioned that there is no specific law in place that gives direction as to what local authority can do when it comes to borrowing by the authority. Other public corporations sometimes borrow with huge amount for their operation but loca…