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SRC President Of ATU Embezzles Huge Amount Of Money

by kwameDoh
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SRC President Of ATU Embezzles Huge Amount Of Money

Terry Baffour Ofori, the SRC President of Accra Technical University (ATU) through an Internal Audit Report has been exposed to squandering an amount of GhC 23,260.00.
This comes about after 98% of SRC procurement of goods and services didn’t go through any approved or proper procurement plan contrary to section 21 of the Public Procurement Act 663.

The SRC Internal Audit Report is as follows:

“The Procurement Officer made it clear to the Audit Committee that the office of the Procurement Committee has been dormant for a very long time.
We observed that 98% of SRC procurement of goods and services valued at GHC 23,260.00 without recourse any approved procurement plan contrary to section 21 of Public Procurement Act 663 as amended by section 7 of Act 2016 Act 914.”

“Our Audit revealed that SRC procured goods and services totalling GHC 17,500 without competitive price quotations from at least three suppliers neither did they obtain approval from the Procurement Committee for a single sourcing.”

“The Spending Officer Mr Terry Baffour failed to go through the monthly validated allowance to rectify the overpayments on time and has led to the payment of unearned allowances.”

“We noted that the Spending Officer of SRC paid a total of GhC 10,900.00 for works and repairs without supporting the expenditure with certificates of work done to provide assurance of satisfactory work done or performed contrary to Regulate 78 of the Public Financial Management Regulations of 2019.”

Mr Samuel Dawson, who happens to be the Speaker of the Association of Technical University Accountancy Students (ATUAS) has added his voice to this issue. He made known that all allegations levelled against the SRC President, Terry Baffour Ofori and his Manager Prosper Nartey popularly known as Nart Pee very true.

“All allegations raised against the SRC President, Terry and his manager Nat Pee are totally true.” He stated.

There is an uproar on the campus of Accra Technical University (ATU). Students have taken to their social media to demonstrate.
They have a picture of the SRC President together with his manager, Nart Pee, with the caption, “So these are the 2 people spending our SRC dues anyhow, Terry and his manager Nat Pee. He has manipulated Terry from day one till now. He is the brain behind all these.”

Author: kwameDoh

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