The Ghana COVID-19 Private Sector Fund (GCPSF) has refuted claim in the Auditor-General’s management report that it could trade with public funds for personal gains.
The GCPSF said it is a not-for-profit organisation and do not engage in trading.
A statement signed by its managing trustee, Senyo Hosi, said, “We have taken note of the Auditor-General’s management report in reference to the National COVID-19 Trust Fund (NCTF). The report makes inaccurate and misleading references to the COVID-19 Private Sector Fund (GCPSF).”
“As a transparent and open organisation whose activities are funded by the public, we are concerned by the misrepresentations made and hereby address the issues as follows:
- The GCPSF has had a healthy cooperation with the NCTF which has ultimately been beneficial to the people of Ghana. We are grateful to the NCTF and proud of the successes attained by the partnership in the provision of public goods.”
“2. We are gravely concerned by the statement made in paragraph 30 of the Auditor-General’s management letter which suggests that the GCPSF could trade with public funds for personal gains. We are a not-for-profit organisation and do not engage in trading. Neither have we suggested, acted, nor purported to engage in commercial activities for which the GCPSF, its trustees, officers, assigns or representatives shall or stand to benefit personally,” the statement said.