The Controller and Accountant-General’s Department (CAGD) has dismissed claims circulating on social media that Government has already spent almost GH¢11 billion on the Accra-Kumasi Expressway project, describing the assertion as a misunderstanding of Government accounting procedures.
Fraud within Ghana’s traditional banking sector declined sharply in 2025, but a surge in electronic fraud at Payment Service Providers (PSPs) pushed overall financial sector fraud to a record high.
The insurance industry has called for an urgent amendment of the Public Financial Management Regulations (LI 2378) that allows insurers to issue advance payment guarantees for contractors and service providers executing government projects.
Deputy Minister for Finance, Thomas Nyarko Ampem, has called for urgent reforms to political financing across Africa, warning that the growing influence of money in politics is undermining democratic integrity, excluding capable leaders, and weakening public trust in democratic institutions.
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