Overhaul RTI Law to strengthen battle against illicit financial flows - Researchers - MyJoyOnline
Legal experts advocate for amending Ghana’s Right to Information Act exemptions to strengthen transparency and accountability. By removing barriers to information access, this reform aims to empower authorities to effectively uncover and combat Illicit Financial Flows that currently hinder development efforts. The current legal framework allows politically exposed persons and corporations to withhold critical data, such as beneficial ownership and contract details. These loopholes facilitate financial malpractices and obscure the true beneficiaries of state assets, undermining the integrity of public institutions and financial transactions. This case highlights the critical role of open data in governance. When information is freely accessible, civil society and regulators can monitor public spending and hold officials accountable. Ultimately, robust transparency laws are essential tools for preventing corruption and ensuring that national resources are used for public benefit rather than illicit enrichment.
Source: myjoyonline.comPublished on 2023-11-17