The role of Internal Audit in the public sector is critical to promoting transparency and accountability in Ghana and Africa as a whole. The Internal audit function is required to play a multifaceted role in combating corruption by identifying internal control weaknesses, assessing compliance with laws and regulations, and promoting ethical behavior within the public sector.
Ghana/Africa is blessed with vast natural resources and yet plagued with economic retrogression caused primarily by Corruption, and several governments’ resolve to end this canker has proved futile from the days of Independence till date. Ghana scored 43 points out of 100 on the 2022 Corruption Perceptions Index reported by Transparency International. When ranked by score among the 180 countries in the 2022 Index, Ghana ranked 72nd, a record high within the decade.
Why are all the policies and resources deployed towards tackling corruption ineffective?
Why does Corruption in Ghana keep spreading and worsening from time to time and from government to government? The answer is simple. We have failed to tackle Corruption from within.
Corruption is a complex socio-economic phenomenon that is difficult to quantify and is often…