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In Parliament PAC probes into 'missing GHC1.2m' of Ghana Railway money

The acting Managing Director of the company, John Essel, who appeared before PAC Tuesday said the cashier failed to deposit the money in the company's account.

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The Public Accounts Committee (PAC) of Parliament is probing the use of unaccounted cash amounting to GHc 1.5 million by a cashier of the Ghana Railway Company limited.

The acting Managing Director of the company, John Essel, who appeared before PAC Tuesday said the cashier failed to deposit the money in the company's account.

His comment follows the auditor general's report which indicted the cashier for not accounting for the used money.

He recounted, "there was cash that was supposed to have been bound, however, the cashier failed to put them at the bank.”

He said the Economic and Organised Crime Office (EOCO) were invited to investigate the issue but has so far failed to yield  any result.

As a result of that, the Economic and Organized Crime unit was invited to investigate this issue” he said.

"This issue has been going on for quite a long time. We have made several follow ups with the Economic and Organized Crime unit so that we could get the outcome of the report which has not been forthcoming,” he added.

Following Mr. Essel's comments, PAC ordered EOCO to appear before it and brief them about steps it is taking to retrieve the money.

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