ADVERTISEMENT
Auditor General's report reveals how 42 staff of NVTI spent GH¢30,856 loan cash
According to the Auditor General's report, twelve out of the 42 officers who were granted the loans have since paid back only GH¢1,725.64
___7190756___https:______static.pulse.com.gh___webservice___escenic___binary___7190756___2017___8___23___10___1_2
Recommended articles
About GH¢32,582.04 was given to the staff as loan.
According to the Auditor General's report, twelve out of the 42 officers who were granted the loans have since paid back only GH¢1,725.64, leaving GH¢30,856.40 in arrears as at December 31, 2012.
READ MORE: 5 SSNIT officials under investigation
ADVERTISEMENT
The report however, did not disclose how much was granted each of the officers.
The report indicated that, twelve officers servicing private loans were granted additional advances, thereby making it very difficult for the Controller & Accountant General (C&AG) to deduct the loan money from their salary.
The report added: "The foregoing situation which contravened the above Regulation 113(1) of FAR, 2014 (L.I.1802) and Regulation 112 of the FAR was made possible due to management’s lack of vigilance to determine staff who have contracted private loans from companies which were being deducted at source by C&AG from their salaries. It was therefore not possible to effect the deduction through C&AG as they had exceeded the maximum deductions of 40% from staff salaries.
"The lapse could be attributed to management’s failure to apply Regulation 112 (b) of the FAR, 2004 by ensuring that beneficiaries make direct payments in anticipation of the commencement of deductions by the Controller and Accountant-General. Besides, the defaulters prefer servicing the private loans rather than the advances since management did not put any pressure on them."
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.com.gh
Recommended articles
Truck driver arrested for allegedly causing train accident on Tema-Mpakadan railway line
Kia driver who caused accident involving Ghana’s new train reports himself to Police
No passenger injured in accident involving Ghana’s newly imported train – Railways Minister
NAGRAT gives govt one-week deadline to address unpaid pensions affecting 700,000 workers
Inside story of how Ghana’s new train got involved in accident on a test run
She sent naked photos to Dubai lover while I battled kidney disease - Erico speaks on divorce
How did young politicians get so rich in just 5 to 7 years - Franklin Cudjoe asks
Artificial Intelligence will affect around 40% of the global workforce — IMF
