Dr Eric Oduro Osae, Director-General of the Internal Audit Agency (IAA), has announced that employees of three state organizations will be punished soon for misappropriating Covid-19 funding.
According to him, the CIA is working with the Economic and Organized Crime Office (EOCO) to expedite the prosecution process.
Dr. Oduro Osae was addressing at a public conference hosted by the Ghana Anti-Corruption Coalition about the accountability gap in Ghana’s Covid-19 replies.
He stated that they began getting internal audit reports from internal auditors in 2021 for the Covid-19 expense audit.
“We started reviewing them in 2021 and some of the expenditure areas were revealing. Areas where we have challenges we do a follow up. A team is sent to the field to go and validate.
“Those we think have criminal consequences, we would work with EOCO to prosecute them. I’m not allowed to indicate what we are doing or the level of prosecution but I can assure you that at the moment, we are working with EOCO to prosecute three institutions,” he disclosed.
He added that the IAA has already set up an audit report review panel to audit all Covid-19 spending.
“As far as the Internal Audit Agency is concerned, we continued to pursue and establish how total Covid-19 expenditure were spent and whether we are getting value for money.”
“The challenge with Covid-19 expenditure is that it is bothered by service delivery which we use financial audit. This won’t aid in us getting the needed results; we need a performance audit,” he stated.