Samuel Okudzeto Ablakwa, the North Tongu Member of Parliament, has bemoaned the spiraling rate of corruption under the Akufo-Addo government.

His comment come on the back of the 2021 Auditor General’s Report which indicate a surge in the amount of money misappropriated in relation to the 2020 figure.

He notes the 2020 figure of GH₵12.8billion has shot up to GH₵17.4billion in 2021.

“Even as the Akufo-Addo govt commences IMF bailout negotiations, the tragic irony is that corruption is now totally out of control. Latest 2021 Auditor General’s report indicates that financial irregularities have worsened from GHS12.8billion in 2020 to GHS17.4billion in 2021,” he tweeted on Friday July 8.

He has described the development as a “free-for-all plundering” of further lapses in looting the state.

“Instead of stopping the massive hemorrhage so we can improve our economic conditions in this period of excruciating cost of living crisis , officials have disingenuously managed to create more loopholes by some additional 5billion cedis in a free-for-all plundering.”

The Electricity Company of Ghana (ECG) alone he said, awarded illegal single sourcing contracts without Public Procurement Authority (PPA) approval to the explosive amount of GH₵221.15million.

“If we don’t defeat corruption and deliberate leakages, no magnitude of IMF bailout will save us,” Mr Ablakwa indicated.

By Felix Anim-Appau|Onuaonline.com|Ghana