Speaker of Parliament, Alban Sumana Kingsford Bagbin, has announced that efforts are underway to draft legislation that will enable lifestyle audits for individuals suspected of accumulating unexplained wealth.
The proposed law, he said, is part of broader national efforts to strengthen Ghana’s fight against corruption. Once passed, it will empower state institutions such as the Economic and Organised Crime Office (EOCO) and the Office of the Special Prosecutor (OSP) to investigate public officials, politically exposed persons, and private citizens whose lifestyles appear inconsistent with their known sources of income.
“I am currently receiving extensive input to initiate legislation on lifestyle audits. It’s no surprise that this issue is gaining prominence in the speeches of senior officials and civil society organisations. I’m encouraged that the Vice President and the Office of the Special Prosecutor have also begun discussing it,” the Speaker said.
He further stressed the importance of the legislation in promoting accountability and ending the culture of impunity around ill-gotten wealth. “We will legislate it and put an end to individuals flaunting ill-gotten wealth in the faces of ordinary Ghanaians.”
Speaker Bagbin made these remarks during a strategic engagement with Ghana’s Key Accountability Institutions (KAI) in Parliament.
