PAC To Probe Transfer Of GHC52.5 billion From GCB To Unknown Account

former president of the Chartered Institue of Taxation Ghana, Mike Kofi Afflu, has petitioned the Public Account Committee (PAC) of Parliament to investigate the transfer of some GHC52.5 billion from GCB Bank Limited formally known as Ghana Commercial Bank PLC to an unknown account.

According to Afflu, effort by the Audit Service to probe the matter has proven futile, hence the petition.

In a letter addressed to the chairman of PAC, Afflu requested for the invitation of the Auditor General to provide the requisite explanation to the general public and committee.

“In a letter dated 5 October 2020 from the Audit Service to the managing director of GCB Bank PLC. the Auditor General, demanded the Bank to explain why an amount of GHC52.5 billion was transferred into unknown account.”

“I am, therefore, requesting the Public Account Committee of Parliament of which you are the chairman to invite the Auditor General of Ghana to provide the necessary explanation to your committee and Ghanaians as a whole,” the letter said.

Below is a copy of the petition:

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