The National Petroleum Authority (NPA) has dismissed media reports suggesting corruption, financial misappropriation or revenue losses at the Authority, insisting that the Auditor-General’s recent Performance Audit Report did not establish any such findings.
In a statement issued on Monday, July 20, the NPA said it had taken note of a publication commenting on the Auditor-General’s Performance Audit Report covering the Authority’s operations between 2023 and 2025.
According to the Authority, interpretations by sections of the media portraying the audit findings as evidence of “rot”, corruption or financial impropriety are inaccurate and misleading.
“The Auditor-General’s report does not establish any financial loss or revenue loss to the National Petroleum Authority,” the statement stressed.
The NPA further contended that the media failed to capture management’s official response to the audit findings, thereby presenting an incomplete account of the issues raised in the report.
The Authority said the characterisations emerging from the publication were not findings contained in the Auditor-General’s Performance Audit Report.
It maintained that while the audit identified areas requiring improvement, the report did not conclude that public funds had been lost through corruption or misconduct.
The Authority reaffirmed its commitment to transparency, accountability and sound corporate governance, noting that it remains focused on strengthening regulatory oversight within Ghana’s downstream petroleum sector.
As part of its response to the audit, the Authority said it would continue to engage constructively with the Ghana Audit Service and implement appropriate recommendations aimed at improving operational efficiency, regulatory effectiveness and consumer protection.
“The Authority will continue to engage constructively with the Audit Service and implement appropriate recommendations aimed at strengthening regulatory oversight, operational efficiency and consumer protection within Ghana’s downstream petroleum sector,” the statement noted.
The NPA also urged members of the public to rely on official communications from the Authority regarding matters arising from the audit to avoid misinformation and misinterpretation of the report’s contents.
Source: businesspostonline
