This visual booklet, produced in collaboration with the Ghana Extractive Industries Transparency Initiative (GHEITI), explains in straightforward language the governance and corruption risks presented by hidden company ownership. It goes on to explain how Ghana is addressing the challenge.
Oversight actors can detect and prevent corruption in the oil, gas and mining sectors if they ask the right questions. Corruption schemes can be complex and opaque, yet clear patterns and similar signs of problematic behavior do exist across resource-rich countries.
This briefing sheds light on various options that could be considered by the Ghanaian government in funding “Free Senior High School” with petroleum revenues, with a particular emphasis on how funding for the program can be rendered sustainable going forward.
The oil, gas, and mining sectors of many countries often seem to be surrounded by secrecy and suspicions of vast wealth gone missing through a combination of bad deals with foreign companies, poor management, and corruption.