The Speaker of Parliament, Alban Bagbin, has announced plans to introduce legislation aimed at facilitating lifestyle audits for individuals suspected of possessing unexplained wealth.
The move forms part of a broader strategy to strengthen the country’s fight against corruption.
Once enacted, the proposed law will empower relevant state institutions to thoroughly investigate the lifestyles of public officials, politically exposed persons, and private individuals whose standard of living appears inconsistent with their declared 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,” he said.
“We will legislate it and put an end to individuals flaunting ill-gotten wealth in the faces of ordinary Ghanaians,” he added.