President Nana Addo Dankwa Akuffo-Addo over the weekend attended a three-day retreat programme organised in Mankessim, Central Region which was meant to assess the performances of chief executive officers( CEOs) and board chairpersons of State-Owned Enterprises (SOEs) and to assess the effect of State Interest and Governance Authority(SIGA) Act on their performances.

State Interest and Governance Authority(SIGA) bill was passed in parliament on 29th May 2019 and two weeks later the President assented to its passage and so became SIGA Act. This State Interest and Governance Authority Act mandates the authority to assess the performances of officials of SOEs chief of whom are Chief Executive Officers, Directors and Board chairmen official as against targets and if found of wrong-doings the laws will be applied.

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Minister for Finance, Ken Ofori Atta

In the retreat, lectures were made by the Finance Minister, Kenneth Ofori Atta and Minister of Procurement, Ms Adwoa Sarfo to help them understand.

President Akuffo Addo

Additionally, the President of the Republic of Ghana, His Excellency Nana Addo Danquah Akuffo Addo also made a speech under the retreat. In the President’s speech, he frankly warned the Chief Executive Officers and board chairmen to discharge their duties in consonance with the tenants of the SIGA Act and all the relevant laws of Ghana pertaining to their work. He added that should they flout the laws and get involved in any act of corruption(s) he will not countenance it and that he will encourage the law to take its course on the offenders. Further, he said that he is not going to protect and cover any wrongdoing in the discharge of their official duties,he will immediately sack and allow the process of the law to operate.

Kojo Oppong Nkrumah, Minister for Information

This warning inevitably tells government appointees and officials that times that corrupt officials are covered even if they are found culpable of the laws is over, Kojo Oppong Nkrumah reiterated.

Mr Stephen Asamoah-Boateng, the Director-General of SIGA, in response to the President warning promised of complying with the laws of their work and spoke promised on behalf of Chief Executive Officers, Directors and board chairpersons that they will work assiduously to not flouting the laws. He added that they are humbled of the President has been plain and candid to them.



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