State Capture, Corruption and Fraud: A Tri-Malady in Ghanaian Society

The Special Prosecutor, Kissi Agyebeng, has stated that state capture, corruption, and fraud are deeply rooted in the Ghanaian society like rituals, describing them as a “tri-malady”. He made this assertion at the 37th International Conference and Meeting organized by ICC FraudNet, where he was the guest speaker. The conference focused on the theme of “State Capture and Corruption.”

According to Kissi Agyebeng, state capture, corruption, and fraud, in their various forms, hinder the progress of the state and dissipate its resources. They are pervasive, and their effects are evident everywhere in Ghanaian society. The Special Prosecutor added that state institutions are being neutralized as appendages of individuals, and existing laws are being weakened for private gain.

Kissi Agyebeng noted that it is challenging to quantify the economic cost of state capture, corruption, and fraud. He emphasized that the abuse of entrusted power for private gain is the currency, and misrepresentation of events and facts for pecuniary gain has never been more attractive. He further highlighted that there is a sprint for inordinate control of state institutions and the public decision-making process.

For the most part, the sectors where corruption is prevalent include the extractive industry, illegal mining, and breaches of public procurement rules. The country is faced with the rampant destruction of protected forests and real property, as well as the pollution of water bodies, mostly stemming from illegal mining. In addition, illegal capital flight is a common occurrence in Ghana.

In conclusion, Kissi Agyebeng called on Ghanaians to act against these societal ills, as they are a collective pandemic. He noted that it will require a concerted effort to root out state capture, corruption, and fraud in Ghanaian society, and it starts with individuals taking responsibility for their actions.

Source: citinewsroom.com

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