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Download PDF - Institute of Economic Affairs Ghana

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Question:<br />

<strong>Ghana</strong>’s assets regime is perceived as a farce. What measures will you<br />

take to raise public confidence in the assets declaration process?<br />

Pr<strong>of</strong>. Mills:<br />

Assets declaration, I believe, is quite important. But what end does it<br />

serve? I agree that assets declaration must be publicised; but first <strong>of</strong> all<br />

we must even verify that the declaration is true. You cannot just list any<br />

assets hoping that when you go into <strong>of</strong>fice you will acquire them. Number<br />

two, at the end <strong>of</strong> the period, you must file your asset declaration form and<br />

again the verification should be done. There was a time when the assets<br />

declaration covered spouses. I will not limit it to spouses, there are surrogates;<br />

there are people who are close enough who also acquire assets on<br />

behalf <strong>of</strong> <strong>of</strong>fice holders.<br />

I believe that we should be able to broaden this out. How practical this will<br />

be is another matter. But on the issue <strong>of</strong> corruption, I believe that I speak<br />

for a number <strong>of</strong> <strong>Ghana</strong>ians when I say that corruption is really breaking<br />

our society. We have this framework that we are all talking about. Clearly,<br />

it is not working; it is not working because people get away with corruption.<br />

People can take money with impunity. The right signals are not being<br />

sent down.<br />

So I think that we must show that we are serious about corruption. When<br />

people are flaunting their obscene wealth, nobody raises an eyebrow. We<br />

should be able to say, “look, enough is enough”. Our people know what<br />

is happening, they know; they’ve been victims <strong>of</strong> corruption. Leadership<br />

must crack the whip, crack the whip, crack the whip and that is the only<br />

way that we are going to get over the problem.<br />

Follow up question:<br />

I see that none <strong>of</strong> you has a problem with publicly declaring your assets.<br />

Would each <strong>of</strong> you be confident enough to tell us for instance how many<br />

homes you have?<br />

48

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