We’ll demand reimbursement for misused funds – World Bank cautions govt
Published:
3 months ago
Source:
Channel 1 News
The World Bank has reaffirmed its commitment to strict accountability, vowing to recover misappropriated funds from the government. World Bank Country Director in Ghana, Robert Taliercio O'Brien, emphasised that the government will be held responsible for repaying misused funds.
"If we find that there is a misuse of funds, we will ask for the funds to be reimbursed to us. That's an issue for the government to work through," he said in an interview with Joy News. O'Brien stressed that fiduciary management and control are top priorities, noting that while the World Bank doesn't sanction governments, it does punish private firms that misuse funds. Regarding Ghana's fight against corruption, O'Brien acknowledged that corruption is a global issue, not unique to Ghana.