General News of Tuesday, 6 May 2014
The Public Accounts Committee has recovered over GHC190,000 in lost revenue from second cycle institutions in the Ashanti and Brong Ahafo Regions.
Additionally, the schools have been forced to implement measures to stop further leakages of revenue and misappropriation of funds.
Chairman of the Committee, Kwaku Agyeman Manu, said the committee's six-day sitting in Kumasi has highlighted the many lapses in accounting and procurement procedures that have bedeviled the schools.
PAC ended the sitting on Monday after probing many schools for breaching procurement rules, failing to collect rent from teachers occupying government bungalows and undeserved payment of salaries.
According to Mr Agyemang Manu, taxes which have been withheld amounted to 46,347 cedis; unpaid rent amounted to 9,723 cedis only in Ashanti Region.
Schools in Brong Ahafo also suffered similar breaches with several thousands of monies recovered from the schools and given back to the state.
"Apart from these tangible, countable recoveries, you must bear with me that we have learnt a lot from you and you too from us. And we visited some of the rules and laws we are using for revision. I believe we are going to see improved systems and controls that will help us manage the resources entrusted into our care," he stated.