The Speaker of Parliament, Alban Bagbin, has announced plans to initiate legislation on lifestyle audits to strengthen the fight against corruption in Ghana.
The proposed law would empower state institutions to investigate 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,” Speaker Bagbin said. “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.”
The legislation would target public officials, politically exposed persons, and private individuals suspected of acquiring unexplained wealth.
According to Speaker Bagbin, the law would put an end to individuals flaunting ill-gotten wealth.
“We will legislate it and put an end to individuals flaunting ill-gotten wealth in the faces of ordinary Ghanaians,” he emphasized.
The move is part of broader efforts to tackle corruption and promote transparency and accountability in governance.