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Ghana's Oil Revenues PIAC does not need prosecutorial powers- ACEP

The call for the extension in PIAC’s mandate was made during the presentation of the 2015 annual PIAC report on the appropriation and accounts of oil revenue.

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Petroleum House, Ghana play

Petroleum House, Ghana

The  Africa Centre for Energy Policy- ACEP has kicked against calls for the Public Interest and Accountability Committee to be given powers  to prosecute perpetrators of financial malfeasance in relation to oil revenues.

The call for the extension in PIAC’s mandate was made during the presentation of the 2015 annual PIAC report on the appropriation and accounts of oil revenue.

The Public Interest and Accountability Committee is a body setup by law to be custodians of Ghana’s oil revenues. They however do not have powers to prosecute perpetrators. They can only highlight discrepancies for onward prosecution by the Attorney General’s department.

READ MORE: PIAC Report GNPC denies overspending 2015 budget

Responding to the call however, Deputy Director of the Africa Centre for Energy Policy, Ben Boakye believes that giving PIAC prosecutorial powers will render the committee inefficient.

“ There is no need for the powers of PIAC to be extended. They only need to be strengthened to be more efficient in what they have been mandated to do.”

He added that an extension of PIAC’s powers to prosecute perpetrators will conflict with the powers of parliament’s Public Accountability Committee.

“ Parliament’s Public Accounts Committee has the power to sanction perpetrators when it comes to financial malfeasance involving public revenue, so granting those same powers to PIAC will amount to a conflict of powers”, Ben Boakye told CITI Fm.

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