Home Business Finance Every Judgement Debt Will Be Thoroughly Audited ? Seth Terkper

Every Judgement Debt Will Be Thoroughly Audited ? Seth Terkper



It is refreshing to note that this Minister designate is talking tough. However, no matter what systems are put in place, greedy and criminal elements in the government can connive as they did in the last administration to dupe the government. Criminal activities exist in every nation. However, it is how we go about investigating, if there are any honest men left standing, and prosecuting, that defines the character of a government and nation. Ghana at the moment is not looking good due to these abuse of office in these judgment debt payments and to date nobody going to prison! Where is our conscience if we take taxes from  ordinary people in order for others to scam and enrich themselves! How can government officials encourage and facilitate such crimes!  How can such a nation approach a country like America or UK whose citizens work so hard, for them to give grants and financial aid and expect their leaders to simply give the moneys away to nations like Ghana! It is wrong and citizens must stand up for a moral and ethical society.

We can only wish the Minister the best of luck and God?s speed in implementing a new system. However, we ask: when all around him are stealing, it takes a man of more than average courage to stand up. Will he have that courage to betray his friends?

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Source: radioxyz

Seth Terkper-Min of Finance-2013-275e33822913Finance Minister designate, Seth Terkper has expressed dismay about reports of possible duplicate payment of some judgment debts in the past.

Solicitor-General Ama Abuakuaa Gaisie during Wednesday?s sitting of the Judgment Debt Commission said some beneficiaries of judgment debts in the past few years were overpaid, with some receiving double the amounts due them.

She said the situation had arisen as a result of a lack of coordination between the Attorney General?s Department, the Ministry of Finance and Economic Planning which released the funds, and other stakeholders.

Mr. Terkper who was appearing before the vetting committee to be vetted said some processes have been initiated to synchronize the payment module of the ministry across other ministries to deal with such challenges.

?One of the things that as a ministry we will do is to work with the Attorney General?s Department and strengthen the legal department of the ministry of Finance as well as the MMDA?s to ensure that contracts that underlie these works protect the state. We shall also conduct the necessary audits to ensure that judgement debt does not bother the Ghanaian population as it is now,? he assured.

He said the tax payers? money must be protected by the ministry and that a new mechanism known as the Budget and Accounting System has been put in place to ensure that all government transactions are put into one simple system to cut out the duplication of payments.

According to Mr Terkper, his tenure as Minister will ensure that the process of tendering contract formulation will be strengthened to seal the loopholes in the award of contracts.

He also indicated that the ministry will put more emphasis on monitoring of work being undertaken for and on behalf of the country so as to make evaluation of such contracts easy.

Mr. Terkper said the government will go to every length to deepen fiscal discipline in the management of the economy under his leadership in the ministry.

He bemoaned the situation where the ministry has been soft on MMDAs who award contracts outside what has been budgeted and gave the indication that such situations will be a thing of the past.

Mr. Terkper warned that MMDA that overspend will be affected in the next fiscal year per how much was spend outside the budget.

He revealed that ?an account payable module (liabilities outstanding)? to keep track of the liabilities of each contractors has been put in place, adding that the ministry will take due cognizance of over expenditure during the hearing of the budget.

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