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    Home»Opinion»Martin Amidu highlights financial discrepancies at EOCO
    Opinion

    Martin Amidu highlights financial discrepancies at EOCO

    SAMUELBy SAMUELNovember 9, 20252 Mins Read
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    Martin Amidu has highlighted a significant discrepancy between EOCO’s audited financial performance and reported operational claims.

    He noted:

    “The Audited Accounts which PAC was interrogating disclosed under ‘Financial Performance’ that the Office ended the year with a surplus of GH¢3,194,620 in 2023 as compared with a surplus of GH¢2,765,382 recorded in 2022, representing an increase of 15.5% in its financial performance.

    “Total income increased by 38.1% to GH¢53,718,950 in 2023 from GH¢38,904,062 in 2022 mainly due to an increase in government grants.”

    Despite this, Amidu criticised the Attorney-General’s claims regarding EOCO’s inability to purchase six printers:

    “EOCO’s previous Executive Directors need accounting for what happened for the surplus recorded in the 2023 Audit Report to have been looted to the extent that in February 2025, when Abdulai Bashiru Dapilah was the Acting Executive Director of EOCO, the Attorney-General was briefed that EOCO could not afford to purchase six heavy-duty printers for the efficient working of the agency from its own resources.”

    He stressed the importance of transparency:

    “Every Ghanaian is enjoined by the Constitution to fight against all forms of abuse of public office and power… to prevent the direct or indirect looting or condonation of the looting of the public purse.”

    Amidu’s statements underline the need for Parliament and public oversight to ensure proper financial management and accountability at EOCO.

    Source:Lovinghananews.com

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