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Home»Business»Every cedi lost to corruption is a loss to national development – Nyarko Ampem
Business

Every cedi lost to corruption is a loss to national development – Nyarko Ampem

Ghana NewsBy Ghana NewsJanuary 27, 2026No Comments2 Mins Read
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Deputy Minister for Finance, Thomas Nyarko Ampem Deputy Minister for Finance, Thomas Nyarko Ampem

Deputy Minister for Finance, Thomas Nyarko Ampem, has issued a strong warning against corruption and fraud within Customs operations, stressing that revenue leakages directly undermine Ghana’s national development efforts.

Speaking at the 2026 International Customs Day celebration, Ampem said the fight against corruption must be decisive and sustained, noting that public resources lost through unethical practices deprive the country of critical development opportunities.

“We must take decisive steps to eradicate all forms of corruption and fraud, as every cedi lost represents a missed opportunity for national development,” he stated.

The Deputy Finance Minister emphasised that revenue mobilisation remains the backbone of government’s ability to deliver essential services, including infrastructure, education, healthcare, and sanitation.

He cautioned that corruption within the Customs system has far-reaching consequences beyond revenue shortfalls.

According to him, funds lost through corruption translate into unbuilt schools, poor road networks, inadequate healthcare facilities and reduced access to safe water and sanitation, all of which directly affect the wellbeing of citizens.

Ampem underscored the strategic role of the Customs Division of the Ghana Revenue Authority, not only in revenue mobilisation but also in protecting Ghana from illicit trade, including drugs, small arms, counterfeit medicines and substandard goods.

He said this responsibility makes integrity and professionalism within Customs non-negotiable.

He reaffirmed government’s commitment to strengthening Customs operations through policy reforms, digitalisation, and investments in modern infrastructure and technology, aimed at improving efficiency while closing avenues for corruption and fraud.

As Ghana joined the international community under the auspices of the World Customs Organization to mark International Customs Day, the Deputy Finance Minister urged Customs officers to recommit themselves to transparency, accountability and patriotism.

He concluded by stressing that protecting national revenue is central to safeguarding Ghana’s future, adding that a zero-tolerance approach to corruption is essential to ensuring that every cedi collected works for the benefit of the nation.

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