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Osafo Maafo calls for registration of government assets



The Senior Minister, Yaw Osafo Maafo, has called for a law that would compel Ministries, Departments and Agencies, MDAs, to have assets registers that would properly document and track government properties.

According to the minister, the absence of asset registers have always made it difficult for incoming governments to ascertain the true records of the assets the outgoing government is leaving behind.

Osafo-Maafo made the call at the review of the 2017 Presidential Transition Review Forum.

“We have a major weakness when people talk about Assets to the nation. No ministry in Ghana has Assets register. So when you don’t have asset register, how do you take over the assets of the country.

“Any company that runs any where, one of the importance documents of the company is your Assets register. The Assets register will detail out the assets of the company.

“And therefore, if you go to any Ministry in this country, there should be an asset register, you can’t blame any government but we don’t have it, which details out all the assets of that Ministry. It could be your photocopiers, everything should be there, but we don’t have it. So when people are talking about you taking over, what Assets are you taking over? What is the basis of your reference? When the Ministries don’t have assets register; we don’t and it’s within the Financial Management Regulations to have Assets register, except that it is not being implemented.

“The Auditor General if you look at his report, always talk about Assets register. We need law to enforce it, or otherwise it is going to be very difficult for anybody to talk about taking over the Assets of the country.”

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