President Mahama Warns SOE Boards Against Conflict of Interest and Mismanagement

President John Dramani Mahama has delivered a stern warning to members of his administration and governing boards of State-Owned Enterprises (SOEs), cautioning them against conflicts of interest, abuse of office, and the improper management of state resources.

Addressing the SIGA Governing Boards and CEOs Conference 2026 on Thursday, September 10, President Mahama emphasized the critical need for integrity, transparency, and accountability among public officials entrusted with managing state institutions and assets.

He reminded government appointees and board members of their duty to protect the public interest, insisting that decisions made under their authority should be able to withstand public and official scrutiny.

“Ladies and gentlemen, this administration will not tolerate conflict of interest or abuse of office. Procurement must be lawful and follow the guidelines; it must be competitive and transparent,” President Mahama declared. He further stressed that recruitment and promotions should be based strictly on merit, and that contracts, investments, and asset disposals must demonstrate clear value for money.

The President made it clear that governing boards must take personal responsibility for state assets in their care—including land, buildings, equipment, and investments. He warned that unauthorized disposal or mismanagement of state assets would not be treated as a minor administrative lapse, but as a serious breach of trust against the people of Ghana.

“The government will continue to demand accountability from those entrusted with managing public institutions and resources,” President Mahama stated.

The conference brought together governing board members and Chief Executive Officers of SOEs to discuss best practices in governance, accountability, performance, and the effective management of public institutions.

Source: Apexnewsgh.com

Leave a Reply

Your email address will not be published. Required fields are marked *