Tag Archives: Auditor-General discovers $3.4b unpaid penalties relating to Petroleum Holding Fund

Auditor-General discovers $3.4b unpaid penalties relating to Petroleum Holding Fund

The Auditor-General, Mr. Daniel Yaw Domelevo, has discovered $ 3.4b in unpaid penalties relating to the Petroleum Holding Fund. The latest report on the management of petroleum funds for the year ending December 2017, found that a total amount of US$220m was outstanding. Of the total amount, US$219 million represents amounts due from the Ghana National Gas Company Limited for ...

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