Ghana’s New President Launches $18.4 Billion Anti-Corruption Drive
President John Mahama has launched Operation-Recover-All-Loot (ORAL), targeting $18.4 billion allegedly lost to corruption under the previous administration. The ambitious anti-corruption campaign aims to retrieve funds lost through graft and financial mismanagement.
The Initiative for Equal Rights and Political Participation (IERPP) directly challenged the new president about the recovery account’s whereabouts. This public inquiry highlights growing pressure on Mahama to deliver concrete results from his anti-corruption promises.
ORAL represents Mahama’s flagship initiative to combat systemic corruption that has plagued Ghana’s public sector. The president describes the campaign as “bold and ambitious,” signaling his administration’s commitment to financial accountability.
The $18.4 billion figure represents a substantial portion of Ghana’s national budget, making successful recovery crucial for the country’s economic stability. Financial experts suggest such massive losses have contributed to Ghana’s ongoing fiscal challenges.
Mahama’s anti-corruption drive comes as Ghana faces mounting economic pressures and public demands for transparency. The outgoing administration has not yet responded to the corruption allegations or the specific claims about missing funds.
The success of ORAL will likely define Mahama’s presidency and determine public confidence in his government’s ability to tackle endemic corruption. Citizens await concrete evidence that the recovery account exists and functions effectively.