Auditor-General — Period ended 31 December 2024 Verified from PDF
Public Boards, Corporations & SOEs
Report of the Auditor-General on the Public Accounts of Ghana: Public Boards, Corporations and other Statutory Institutions
Source: Ghana Audit Service, full report (PDF)Publisher: Ghana Audit Service
The headline number
2024 total irregularities
GH¢18.42bn
GH¢18,415,673,589
Change on previous year
+109.3%
From GH¢8.80bn in 2023
Largest type: Debts/Loans
68.1%
GH¢12.54bn of the total
Recoverable
GH¢15.57bn
Administrative (not recoverable): GH¢2.84bn
5-year trend
Total irregularities, 2020–2024 · Part I, Table 2 (p. 2)
Show data table
| Year | Total |
|---|---|
| 2020 | GH¢12,856,172,626 |
| 2021 | GH¢17,483,483,538 |
| 2022 | GH¢15,059,441,806 |
| 2023 | GH¢8,799,263,120 |
| 2024 | GH¢18,415,673,589 |
By type of irregularity
2024
Show data table
| Type | Amount | Share |
|---|---|---|
| Debts/Loans | GH¢12,542,104,044 | 68.11% |
| Cash | GH¢4,584,683,049 | 24.90% |
| Contract | GH¢871,818,832 | 4.73% |
| Procurement/Stores | GH¢339,818,310 | 1.85% |
| Tax | GH¢77,057,753 | 0.42% |
| Payroll | GH¢191,601 | 0.00% |
By sector ministry
Part I, Table 4 (p. 4)
Show data table
| Institution | Total |
|---|---|
| Ministry of Energy | GH¢15,829,075,457 |
| Ministry of Employment & Labour Relations | GH¢1,180,873,741 |
| Ministry of Roads & Highways | GH¢615,990,059 |
| Ministry of Health | GH¢591,586,726 |
| Ministry of Transport | GH¢110,359,114 |
| Ministry of Finance | GH¢79,375,209 |
| Ministry of Information | GH¢4,220,370 |
| Ministry of Education | GH¢2,459,035 |
| Ministry of Justice & AG's Dept. | GH¢709,938 |
| Ministry of Communication & Digitalisation | GH¢543,678 |
| Ministry of Trade & Industry | GH¢263,116 |
| Extra-Ministerial Agencies | GH¢98,225 |
| Ministry of Sanitation & Water Resources | GH¢93,205 |
| Ministry of Food & Agriculture | GH¢25,716 |
Type history
How the mix changed, 2020–2024
Show data table
| Type | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Debts/Loans | 10,067,170,560 | 16,355,145,068 | 14,964,300,230 | 8,673,795,784 | 12,542,104,044 |
| Tax | 29,201,677 | 23,572,832 | 12,856,588 | 1,904,046 | 77,057,753 |
| Contract | 89,807,321 | 283,778,072 | 4,574,914 | 53,219,534 | 871,818,832 |
| Cash | 1,802,692,515 | 505,800,397 | 23,513,600 | 7,890,052 | 4,584,683,049 |
| Procurement/Stores | 857,725,788 | 306,943,215 | 42,710,320 | 53,729,279 | 339,818,310 |
| Payroll | 9,574,765 | 8,243,954 | 11,486,154 | 8,724,425 | 191,601 |
| Total | 12,856,172,626 | 17,483,483,538 | 15,059,441,806 | 8,799,263,120 | 18,415,673,589 |
Notable findings
Examples from the report
- Revenue collected but under-declared by the Electricity Company of Ghana (ECG)GH¢2.95bn
- Owed by ECG to Bui Power AuthorityUS$729.8m
- Revenue collected by ECG on behalf of independent power producers and SOEs but not paid overGH¢1.29bn
- Long-outstanding loans SSNIT has not recoveredGH¢1.06bn + US$5.8m
- Not transferred by SSNIT to the National Health Insurance FundGH¢564.9m
Notes
- Includes US$763,968,667 converted at GH¢14.70 to US$1 (31 December 2024).
- Irregularities rose 109.3% on 2023. Every type rose except payroll.
- Ministry of Energy bodies account for GH¢15.83bn (86%) of the total.
- Stores (GH¢4.5m in 2024) is merged into Procurement/Stores here.