Former SIGA Director-General Mike Ocquaye Jnr highlights GH¢19 million in pension payments to deceased persons

Speaking on Metro TV on Tuesday, September 1, 2026, Ocquaye Jnr stated that the report identified approximately GH¢19 million in pension payments made to deceased individuals in 2025. He also noted an additional GH¢7 million paid to deceased pensioners through pension-related institutions. Ocquaye Jnr highlighted broader financial lapses, including about GH¢4.8 billion in tax irregularities, with roughly 91 percent attributed to SIGA institutions, and cash irregularities totaling around GH¢410 million.

He emphasized that these figures underscore the necessity for enhanced controls and monitoring of public finances to prevent the loss of state resources due to administrative failures. His remarks contribute to ongoing discussions regarding the financial performance and governance of Ghana’s state-owned enterprises and SIGA's oversight role.