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Ghana Post owes Bolga Technical University Ghc18,769 after failing to remit full amount realised through sale of forms

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The Ghana Post Company has been cited by the Report of the Auditor-General on the Public Accounts of Ghana – Technical Universities for the year ended 31 December 2021 for failing to remit in full, monies realized from the sale of admission forms of the Bolgatanga Technical University (BTU).

“We noted that Ghana Post Company Ltd sold 750 forms amounting to GH¢100,210.00 on behalf of the University but remitted only GH¢81,450.00 leaving an amount of GH¢18,760.00 unpaid.”

“The non-collection of the remaining amount has denied the University of the needed revenue to fund its planned activities,” the report said.

Failure of the University to retrieve the full amount, according to the report, contravenes “regulation 46 of the Public Financial Management Regulations, 2019 (L. 1. 2378) stipulates that a Principal Spending Officer shall ensure that non-tax revenue is efficiently collected.”

The Auditor-General recommended that the “Director of Finance should ensure the collection of GH¢18,760.00 from Ghana Post Company Ltd 30 days upon the receipt of the Management Letter.”

The report however acknowledged that “follow-ups had since been made and plans were far advanced for receipt of the balance within the shortest possible time.”

Source: A1radioonline.com|101.1MHz|Mark Kwasi Ahumah Smith|Ghana

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