After the publication of a Deloitte Audit Report on the Development Bank Ghana (DBG), the government and its principal development partners have decided to take strong action to rebuild trust in the organisation.
To address the audit’s results and the next steps, Dr. Cassiel Ato Forson, the Minister of Finance, met earlier today with officials from the World Bank, the African Development Bank (AfDB), Germany’s KfW, and the European Investment Bank (EIB).
It was decided during the meeting that the report would be given to the Attorney General for the required legal procedures.
In addition to emphasising that accountability cannot be compromised, the finance minister threatened to hold those responsible for activities that undermined the organisation accountable.
A “new dawn” has begun for DBG, Dr. Forson reassured stakeholders, stressing that the Bank has moved past its history.
In order to secure a more robust and sustainable future, he disclosed that the organisation is nearing completion of its Corporate and Action Plans.
He stated that President John Mahama is still dedicated to making sure DBG carries out its duty of assisting Ghana’s reform agenda.
A new Board is anticipated to be fully constituted by the end of October, and a competitively chosen CEO will be named by Monday as part of the reforms.
Albert Essien, the Interim Board Chair of DBG, reiterated the Bank’s dedication to openness, responsibility, and responsible management.
During the meeting, development partners expressed their support and applauded the improvements.
Source: newsthemegh.com