The Vice-President, Dr Mahamudu Bawumia, during the swore in of members of the IAA Board at the Jubilee House last Friday, commended the agency for protecting the public purse thta,
Corruption prevention measures implemented by the Internal Audit Agency (IAA) in 2020 saved the country GH¢387 million.
The measures included tackling weak control systems and injecting discipline in the management of public funds.
He said in addition to saving the country millions of cedis through the work of the agency, audit committees and internal audit units across the country, audit infractions reported in the 2020 Auditor-General’s Report reduced by 32 per cent for ministries, departments and agencies (MDAs), 34 per cent for metropolitan, municipal and district assemblies (MMDAs), 92 per cent for technical universities and 38 per cent for the District Assemblies Common Fund (DACF) and other statutory funds.
Dr Bawumia said in fulfilment of the pledge by the Akufo-Addo administration to protect the national purse, it had made significant successes, with anti-corruption institutions, of which the IAA was part, receiving significant increases in their budgetary support
Source|osimpamfm.com|Richard Owusu Tawiah