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Over US$9million GNPC projects stalled – Auditor General

The Auditor-General has directed the Ghana National Petroleum Corporation (GNPC) to make resources available for the completion of abandoned projects.

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The Auditor-General has directed the Ghana National Petroleum Corporation (GNPC) to make resources available for the completion of abandoned projects.

According to the 2020 Auditor-General’s report, several GNPC projects costing over US$9 million has not seen progress over a period of time.

To avoid these investments go waste, the Auditor-General has advised the management of GNPC to make funds available and have the stalled projects completed.

“A number of GNPC projects totalling US$9,552,178 and GH¢976,673 appear to have been stalled, but with little progress over time. We recommended that Management should consider the cash flow position and ensure that resources are available to complete the projects,” part of the 2020 Auditor General’s report reads.
The Auditor-General further reveals that although GNPC recorded an incidence of cyber-attack during the prior year (2017), no vulnerability and penetration test was performed during the 2018 financial year.

The Auditor-General has advised the management of GNPC to ensure continuous performance of vulnerability and penetration tests to identify possible loopholes in the internal network security and beef up the network security accordingly.

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