Scandal rocks EOCO as over Gh¢2.7m missing

Scandal rocks EOCO as over Gh¢2.7m missing

- An Auditor General report for 2015 revealed that six retired staff of EOCO enjoyed “unearned salaries totaling Gh¢22,067.78” between 2013 and 2014

- The irony is that the EOCO is a specialised agency to monitor and investigate economic and organised crime

The Economic and Organised Crime Office (EOCO) has been rocked by a scandal after it was revealed that over Gh¢2.7 million is missing from the body's accounts.


The 2015 Auditor General report has disclosed that EOCO had been ordered by a court to pay amounts of $366,985 and Gh¢646,188.35 to an applicant from its exhibit account.

Scandal rocks EOCO as over Gh¢2.7m missing

EOCO is a specialised agency to monitor and investigate economic and organised crime and on the authority of the Attorney General

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However, it has emerged that some officials of EOCO intentionally inflated the amount and ended up transferring an excess amount of $619,039.16 (Gh¢2,748,977) to the applicant.


The Auditor General report, which is currently being scrutinized in Parliament, instructed the management of the investigative body to "recover the excess funds of $619,039.16 or provide justification for the transfer of the amount", which is yet to be done.


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The report also disclosed that between 2013 and 2014 some officials of EOCO, totaling six persons, illegally took salaries of over Gh¢22,000, while recommending that "efforts be made by management to recover the total amount".


The report further instructed management of EOCO to "investigate and pay off" an amount of f Gh¢17,254.63 shown as creditors which has remained on their financial statement since 2009.

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Source: Yen.com.gh

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