Unsupported Payments at Tano South MMDA Citation for Tano South

Tano South

Citation Source
Report	Department	Category	Date
2023 Audit Report	Finance	Financial Mismanagement	23 Oct. 2024

Citation Impact

Financial Accountability Concerns: Raises questions about how public funds were spent and if they were properly utilized.
Weak Internal Controls: Highlights a lack of proper documentation and oversight, increasing the risk of financial mismanagement or fraud.
Potential Loss of Funds: Without supporting documents, it's difficult to verify the legitimacy of the expenses, creating a risk of financial loss to the MMDA.

Recommendations

It is recommended that the total sum of GH¢20,451.56, identified as unsupported payments within the Tano South MMDA during the 2023 audit, be fully recovered. These payments lack the necessary supporting documentation, such as receipts, payment sheets, reports, and memos, as required by Regulation 78 of the PFMR, 2019 (L.I. 2378). This recovery ensures accountability, addresses the financial irregularities, and strengthens internal control procedures within the Assembly. The recovered funds should be promptly deposited into the Assembly's Internally Generated Funds (IGF) Account.

Responsible Person: Coordinating Director, Finance Officer

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Unsupported Payments at Tano South MMDA

Tano South

Citation Impact

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