GH¢50m payroll fraud uncovered at YEA

  |   Ghana News

An internal audit conducted by the Youth Employment Agency (YEA) has uncovered a huge payroll fraud which has cost the country about GH¢50 million.

The amount, according to the findings of the report, is an aggregation of unearned allowances paid to unposted beneficiaries, funds for official use which were paid into personal accounts, as well as procurements without adherence to due process.

The acting Chief Executive of the YEA, Justine Kodua Frimpong, who made the revelations at a press conference, said some 2,716 beneficiaries did not have appointment letters, while 9,442 beneficiaries were above the age required. Another group of 4,681 beneficiaries, also vacated their post, while 14,443 beneficiaries were simply non-existent. Some 11,512 beneficiaries were also without the assumption of duty letters.

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