Speaker of Parliament, Alban Bagbin has revealed that Parliament will soon begin the process of drafting a new law to enable lifestyle audits targeting individuals suspected of amassing unexplained wealth.
He explained that the move is part of a broader push to enhance the country’s anti-corruption efforts and ensure greater accountability among public figures and private citizens alike.
Once enacted, the law will grant state agencies the legal authority to scrutinise the lifestyles of public officials, politically exposed persons, and others whose living standards do not appear to align 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,” he said.
He explained that the law would serve as a strong deterrent to corruption and a way to restore public confidence.
“We will legislate it and put an end to individuals flaunting ill-gotten wealth in the faces of ordinary Ghanaians,” he said.
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