A GH¢50 million payroll fraud has been uncovered at the Youth Employment Agency (YEA) after the agency conducted an internal audit.
According to the finding of the audit, the GH¢50 million is an aggregation of unearned allowances paid to beneficiaries who are not posted, funds for official use which were paid into personal accounts, as well as procurements without adherence to due process.
Speaking at a press conference, Mr. Justine Kodua Frimpong, the acting Chief Executive of the Youth Employment Agency (YEA) said about 2,716 beneficiaries did not have appointment letters, while 9,442 beneficiaries were above the age required. Another group of 4,681 beneficiaries, also vacated their post, while 14,443 beneficiaries were simply non-existent.