Dr. Steve Manteaw, Chairman of the Committee, has disclosed that PIAC, the Public Interest and Accountability Committee would soon hold a meeting with Mr. Martin Amidu, the Special Prosecutor (SP) over the disbursement of revenue accruing from oil resources.
He said the meeting would focus on the need for a collaboration between PIAC and the SP to strictly monitor the utilization of petroleum revenue and possibly prosecute persons found culpable of misappropriation.
Dr. Manteaw was speaking at an Ashanti Regional public forum on the management of Ghana’s petroleum revenue for 2017, in Kumasi.
The forum which was attended by key stakeholders such as representatives of various assemblies, religious bodies, civil society organisations (NGOs), traditional authorities and the media, was to provide a platform for participants to discuss and make inputs into the management and disbursement of the petroleum revenue.
He said PIAC was committed to monitoring and evaluating compliance of the Petroleum Revenue Management Act (PRMA) by government and relevant institutions in the management and usage of petroleum resources and investments, to safeguard the country’s petroleum resources.
He said not all the allocations made to the Annual Budget Funding Amount (ABFA) for 2017 was utilised even though the entire amount had been budgeted, suggesting that there was no compliance on the part of the Ministry of Finance.
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