Ghana To Pass New Law To Audit Lifestyle of Persons Suspected Of Acquiring Unexplained Wealth 

Alban Bagbin

Source: Africa Publicity

Lawmakers in Ghana are expected to draft a new law to support lifestyle audits for individuals suspected of acquiring unexplained wealth.

 

Ghana’s Speaker of Parliament, Alban Bagbin, made the announcement, saying the legislation will be drafted soon.

 

Mr. Bagbin says the proposed law was part of broader efforts to strengthen Ghana’s fight against corruption.

 

According to the Speaker of Parliament, the law, once passed, will empower state institutions to probe the lifestyles of public officials, politically exposed persons, and private individuals whose standard of living appears inconsistent with their declared sources of income.

 

Mr. Bagbin said “I am currently receiving extensive input to initiate legislation on lifestyle audits. It’s no surprise that this issue is gaining prominence in the speeches of senior officials and civil society organisations. I’m encouraged that the Vice President and the Office of the Special Prosecutor have also begun discussing it.”

 

He added that “We will legislate it and put an end to individuals flaunting ill-gotten wealth in the faces of ordinary Ghanaians.”

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