The Ghana National Petroleum Corporation (GNPC) has inaugurated a new Audit Committee to strengthen its governance, accountability, and financial oversight.
The new Audit Committee, chaired by Mr. Benjamin Sowah Adjetey, comprises Mrs. Stella Hannah A. B. Segbawu, Mr. Paul Kwasi Agyemang, Yoo Naa Andani Yakubu Abdulai, and Hon. Seidu Alhassan Alajor as members.
The inauguration ceremony, held on July 29, 2025, was presided over by Mr. Thomas Ashaley Thompson-Aryee, the Acting Director-General of the Internal Audit Agency (IAA). Mr. Kwame Ntow Amoah, GNPC’s Acting Chief Executive Officer, emphasized the committee’s importance in maintaining trust and transparency.
He pledged management’s full support for the new committee’s work.
Speaking at the inauguration, Mr. Thompson-Aryee highlighted the evolving role of audit committees in the public sector, noting recent parliamentary discussions and public financial management reforms, including the Commitment Control Compliance Checklist (CCCC).
This checklist requires entities to obtain approval for procurement transactions above a certain threshold and mandates internal auditors to submit quarterly CCCC reports to the IAA.
Mr. Thompson-Aryee reminded attendees that the second-quarter reports were due by July 31, 2025, and stressed the importance of compliance to avoid sanctions.
He also extended an invitation for GNPC leadership to attend the 2025 Annual Internal Audit Conference in November.
In his closing remarks, Mr. Amoah expressed confidence that the new committee would resolve existing audit issues and help establish GNPC as a model of accountability within the public sector.
Source: https://energynewsafrica.com
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