President John Mahama has handed over his asset declaration forms to the Auditor-General and has given his appointees t March 31 to comply or face being removed from office.
On Tuesday, February 18, 2025, President John Mahama had a brief ceremony at Jubilee House to formally declare his assets and make the necessary paperwork available to the Auditor-General.
The action is in line with Ghana’s asset declaration regulations, which require public servants to reveal their holdings and liabilities in order to foster openness and thwart corruption.
Government officials, including the president, ministers, and other high-ranking appointees, are required to declare their assets when they take office, every four years after that, and when they leave office under Ghana’s Public Office Holders (Declaration of Assets and Disqualification) Act, 1998 (Act 550). Information on properties, bank accounts, and financial interests is included in the statement.
President Mahama has given all government officials until March 31, 2025, to adhere to the asset reporting requirement in a clear attempt to enforce accountability. He threatened to remove him from office if he didn’t comply.
Mahama’s dedication to openness and sound government is demonstrated by this decree. In order to combat corruption and increase public confidence in government institutions, his administration has placed a strong emphasis on the value of asset declaration.
