The National Accreditation Board has been cited in the latest Auditor General Report for financial irregularities exceeding 5 Million Cedis.
In 2014 the NAB used 4.6 Million Cedis of its internally generated funds without approval from the Finance Ministry.
It also spent over 700 Thousand Cedis to pay allowances to its board and committee members contrary to the approved rates.
The revelations came to light when NAB appeared before the Public Accounts committee of Parliament Tuesday.
The expenditure which did not receive ministerial approval also violates the NAB Act.
The National Accreditation Board of Ghana is the Government of Ghana agency responsible for the regulation, supervision, and accreditation of tertiary institutions in Ghana. It is an agency under the Ministry of Education.
Source: starrfmonline.com
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It is very disappointing to see corruption in all the State institutions. No wonder Ghanaians are suffering. It is very sad.
sometimes i get sooo offended and angry within my spirit when i see this kind of stories. this practices have been going on for years without punishments that is how come these civil servants keep doing same. i just watched a video of a school girl crying because she was asked to touch a computer mouse. we need money to develop these rural areas to help the poor also maintain a certain standard of living. until we start punishing these people who commits these evil acts against the state, it wont stop and many more will also engage in it. let us lift the standard of this nation by being truthful