President John Mahama has officially declared his assets, submitting the required forms to the Auditor-General at a brief ceremony at Jubilee House on Tuesday, February 18, 2025.
The move aligns with Ghana’s asset declaration laws, which mandate public officials to disclose their assets and liabilities to promote transparency and prevent corruption.
Under Ghana’s Public Office Holders (Declaration of Assets and Disqualification) Act, 1998 (Act 550), government officials—including the President, ministers, and other high-ranking appointees—are required to declare their assets upon assuming office, every four years thereafter, and upon leaving office. The declaration includes details of properties, bank accounts, and financial interests.
In a decisive move to enforce accountability, President Mahama has given all government appointees until March 31, 2025, to comply with the asset declaration requirement. He warned that failure to do so could result in dismissal from office.
This directive is an indication of Mahama’s commitment to transparency and good governance. His administration has emphasized the importance of asset declaration as a tool to curb corruption and build public trust in government institutions.