25.2 C
Accra
Wednesday, September 18, 2024
NationalIf honesty and prudence had guided our spending, we wouldn’t need to...

Date:

If honesty and prudence had guided our spending, we wouldn’t need to borrow – Togbe Afede

The Agbogbomefia of the Asogli State, Togbe Afede XIV, has expressed dissatisfaction over the rate at which corruption is destroying the country’s scarce resources.

The outspoken chief said if the government had dealt properly with issues of corruption, the current economic crisis wouldn’t have been upon the country.

According to him, the government has not backed expenditure with honesty and prudence.

Togbe Afede XIV opined that had these two virtues been exhibited, the country would not be needing a loan from external sources.

According to him, the country’s budget deficits would have been reduced as well.

“Ghana Integrity Initiative estimated that Ghana ‘loses close to USD3billion to corruption annually’.

“There is no doubt that our budget deficit would have been narrower, and we probably would not need to borrow from external sources, if honesty and prudence had guided our spending,” he said.

He thus blamed this on the use of single source in awarding government contracts.

This, he explained that makes way for government apparatchiks and cronies to dupe the state.

“The resort to single sourcing or limited tender in the award of contracts, under false certificates

of urgency, has been harmful.

“It has allowed a few to deploy foul means to secure contracts for relatives and cronies at inflated prices that hurt everybody.

“While some exploit ‘urgency’, other officials hide under ‘confidentiality’ to appropriate our limited resources into personal wealth.

The venerable chief made these comments in  in a 14-page opinion piece over the weekend.

Source: Myjoyonline

[forminator_poll id="710479"]
[forminator_poll id="710479"]

Latest stories

We’ll oppose external audit of voters register – NPP

The ruling New Patriotic Party (NPP) has pledged to...

Owusu-Bempah said what God didn’t say to support NPP – Apostle Amoako Atta

Founder and leader of the Lord's Parliament Chapel International,...

KNUST names Prof David Asamoah as PRO VC

Prof. David Asamoah has been elected as the Pro...

We are fighting for peace, not war! – Asiedu Nketia on voter register audit

Chairman of the National Democratic Congress (NDC), Asiedu Nketia,...

Stop tarnishing Owusu-Bempah’s name – Apostle Amoako Atta to Bawumia, NPP

Leader of the Lord's Parliament Chapel International, Apostle Francis...

Mahama’s Beatrice Annan exposed for misleading public on Kintampo Waterfalls

Deputy Spokesperson for John Dramani Mahama’s campaign, Beatrice Annan,...

Related stories

Unlawful ‘demo’: Xavier-Sosu discharged for want of prosecution

Member of Parliament(MP) for Madina Francis-Xavier Sosu has been...

Ghana at 66 launched

Ghana’s 66th independence anniversary celebration has been officially launched....

Resignation of Agric Minister long-overdue – Agribusiness Chamber

The Chief Executive of the Agribusiness Chamber, Anthony Morrison,...

Trotro mate sentenced to 10 years imprisonment

The Ashaiman Circuit Court has sentenced Enoch Ofori, a...

Is the Jubilee House now an SHS entertainment hall? – Sammy Gyamfi wades into Meek Mill saga

National Communications Officer of the National Democratic Congress (NDC),...

Aggrieved students should seek redress through established structures – UG

Assistant Registrar for the Public Affairs Directorate (ARPAD) of...

National Cathedral: Ablakwa lauds Prophet Oduro, others for demanding accountability

Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa,...