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Submit all management accounts by February 28 – President directs SOEs

10Feb

By Enoch Siaw NtiamoahNo Comments

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Submit all management accounts by February 28 – President directs SOEs

President Nana Addo Dankwa Akufo-Addo has directed all Specified Entities to submit all their management accounts to the Controller and Accountant General's Department by February 28, 2023. He expressed concern that as of the first quarter of 2022, only 54 per cent of State-owned Enterprises (SOEs) submitted their financial statements for consolidation into the national accounts. The President gave the directive when he addressing participants at the Annual Stakeholder Meeting of the State Interests and Governance Authority (SIGA) at Kwahu-Nkwatia in the Eastern Region on Friday. He noted that the late and non-submission of financial statements by SOEs undermined the work of the Controller and Accountant General in providing a total picture of Ghana's public finances. "I wish ...

Customers of Unity Rural Bank cry for non-update of accounts

Reverend Eric Affram, Manager of Ho Branch of Unity Rural Bank(URB) Tuesday disclosed that the Bank of Ghana (BOG) had directed his outfit not to update their customers' savings accounts. He said this directive also affected those who had fixed deposits with the bank but did not disclose when the directive took effect. Rev. Affram made the disclosure in an answer to a question by the GNA in Ho, why customer's accounts were currently not being updated. He hinted that the BoG had wanted to pay customers deposits locked up with URB adding that the bank (BoG) said updating the accounts would keep increasing the debt stock. Rev. Affram assured customers of the bank that it was leaving no stone unturned to pay them hopefully next year. The woes of cus...

High-profile Twitter accounts hacked in Bitcoin scam

Some of the world's richest and most influential politicians, celebrities, tech moguls and companies were the subject of a massive Twitter hack on Wednesday. Elon Musk, Joe Biden, Jeff Bezos, Michael Bloomberg, Kim Kardashian West and Bill Gates were among the accounts pushing out tweets asking millions of followers to send money to a Bitcoin address. All of the tweeted messages from the accounts shared similar language. The tweet from Kanye West's account said he is "giving back to my fans"; the message from Bezos' account said he had "decided to give back to my community"; and Musk's account said "feeling greatful." Bezos, Musk, and Gates are among the 10 richest people in the world, based on Forbes' calculations. According to the Associated Press, the three me...