- "So, I just want to make that clear, because when people hear Auditor General's report, they are thinking 'oh somebody has gone to chop some money and we going to have to surcharge them', I just want to make it clear to listeners that there is no such [thing]."
John Ofori-Tenkorang, director general of the Social Security and National Insurance Trust (SSNIT) has stated that his management has not been surcharged by the Auditor General’s Department over any malfeasance.
In its 2019 report which was released last month, the Auditor General reportedly charged SSNIT for failing to collect a loan of GHC2.37 million given to eight related companies in contravention of Section 91(1) of Act 921.
The report attributed the infractions to ineffective due diligence on the investment by the Social Security and National Insurance Trust.
“I want to emphasise that all through this audit there has been no case of malfeasance or surcharge that has been imposed on us, the current management of SSNIT,” Ofori-Tenkorang told Kojo Mensah on The Asaase Breakfast Show on Wednesday 7 April 2021.
“So, I just want to make that clear, because when people hear Auditor General’s report, they are thinking ‘oh somebody has gone to chop some money and we going to have to surcharge them’, I just want to make it clear to listeners that there is no such [thing].”
External auditors welcome
He said SSNIT has always opened its doors to external auditors in compliance with the rules of the Auditor General.
“The Auditor General has been auditing us since 2017 and in doing that they go through our books and they flag all the issues that need attention and they do so through a management letter and then we have to respond… So, we give them the responses to explain why things are and when they are satisfied, they drop some and those that they are not okay with, they comeback to check.”