• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

“We Are Naturally Dishonest People”, Says Procurement Expert on Procurement-related Corruption in Ghana

1 year ago
in Business, Economy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
841
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

“We Are Naturally Dishonest People”, Says Procurement Expert on Procurement-related Corruption in Ghana

Procurement Expert, Kobina Ata-Bedu, has assigned reasons for Ghana’s long-standing challenge with corruption particularly through procurement-related issues.

Ghana is estimated to lose close to $3 billion annually through corruption most of which are procurement related.

The annual Auditors-General report further highlights the billions of cedis lost through procurement irregularities and infractions in public institutions.

Speaking on the NorvanReports, Economic Governance Platform, and BudgIT Ghana X Space Discussion on the topic, “Cutting Through The Red Tape: Ghana’s Procurement Makeover”, Mr Ata-Bedu averred the most significant reason for which corruption persists in the country is that, most Ghanaians are dishonest in nature.

“As a nation, we are naturally dishonest, our values system is weak. We are all looking out for ourselves, we are corrupt because everyone in the procurement process has to make sure that at any point in time, they benefit from the process (sic),” he quipped.

Mr Ata-Bedu speaking further during the X Space Discussion noted that while the Procurement Act has made provisions for the judicious use of the nation’s resources, individuals particularly unethical procurement professionals along with politicians fail to rightfully apply the law.

RelatedPosts

Global Shipping Emissions Deal Sinks After Last-Minute Collapse

Silver Price Falls More Than 6% as Precious Metals Retreat

President Mahama to Launch $1.5bn Special Economic Zone, Expected to Create 60,000 Jobs

“Our Procurement Act is not too bad, it has a lot of provisions to make sure our resources are used judiciously, but the problem is the people that interpret the law and use it, they are the ones that fail us,” he averred.

According to Mr Ata-Bedu, politicians are currently abusing the procurement law, particularly provisions that have to do with single or sole sourcing as it is one of the means through which they get kickbacks from contracts and also loot the country.

Further doubting the willingness of politicians to ensure strict compliance with the procurement laws particularly in public institutions, through legislative reforms to help rid the country of corruption.

Tags: “We Are Naturally Dishonest People”corruptionKobina Ata-BeduProcurement-related CorruptionSays Procurement Expert on Procurement-related Corruption in Ghana
No Result
View All Result

Highlights

Ghana’s Oil Revenues Under Pressure: NorvanReports Xspace to Probe Whether Petroleum Can Still Power Development

Ghana Unveils 500,000-Job Plan Through Expansion of Economic Crops

GPL: Medeama and Samartex share spoils in Tarkwa thriller as Dreams FC secure first win of the season

Premier League: Postecoglou Sacked After Forest Defeat; Arsenal Stays Top with Win at Fulham

Verstappen Clinches Pole Position for US Grand Prix in Austin

Let’s Collaborate to Exploit Full Potential of AfCFTA – Mahama to Grenada PM

Trending

Business

Global Shipping Emissions Deal Sinks After Last-Minute Collapse

October 19, 2025

Global Shipping Emissions Deal Sinks After Last-Minute Collapse A decade-long effort to make the shipping industry the...

Silver Price Falls More Than 6% as Precious Metals Retreat

October 19, 2025

President Mahama to Launch $1.5bn Special Economic Zone, Expected to Create 60,000 Jobs

October 19, 2025

Ghana’s Oil Revenues Under Pressure: NorvanReports Xspace to Probe Whether Petroleum Can Still Power Development

October 19, 2025

Ghana Unveils 500,000-Job Plan Through Expansion of Economic Crops

October 19, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.