The Finance Ministry has asked the public to ignore the claims by Dr. Steve Manteaw, a former Chairman of the Public Interest and Accountability Committee (PIAC) suggesting that an amount of GH¢2,132,188,611.01 of oil revenues is missing from the books.
Dr. Manteaw had said in a Facebook post on Friday, December 4 that “Many have been asking me about the missing oil money. Here are the details: 2017= GHC 400,914,441; 2018= GHC 251,377,870.01; 2019 = GHC 1,479,896,300.00.
The total amount of oil money the government has been unable to account for = GHC2,132,188,611.01.
“Why would you vote for a government that has failed to fully account for your oil revenues?”
But in a response, the Ministry of Finance dismissed his claim saying “The alleged missing amount reported by Dr. Manteaw on Facebook, is significantly different from the amount of GH¢1,479,896,299.86 reported by PIAC as the unutilized Annual Budget Funding Arrangement (ABFA) balance in their 2019 Annual Report (pages 13,15, and 20), and published on its website on 23rd June 2020
