The Gaming Commission of Ghana has taken a bold step toward transparency and regulatory compliance with the inauguration of its 3rd Internal Audit Committee. Held in Accra on July 2, 2025, the event underscores the institution’s commitment to sound financial management and governance under newly updated frameworks.
Mandates of the Internal Audit Committee
The newly formed Internal Audit Committee of the Gaming Commission of Ghana has been equipped with clear responsibilities to enhance operational accountability. Key mandates include:
- Adhering to the provisions outlined in the updated Public Financial Management (PFM) Act.
- Enforcing compliance with procurement regulations requiring pre-approval from the Ministry of Finance for certain transactions.
- Ensuring timely submission and implementation of at least 50% of all internal audit recommendations.
These measures signify a considerable shift toward stricter institutional oversight, a necessity in today’s highly regulated gaming environment.
Enhancing Governance and Transparency
During the inauguration, Mr. T.A. Thompson-Aryee, the Director-General of the Internal Audit Agency, emphasized the committee’s role in ensuring good governance across all aspects of the Commission’s operations. Areas of focus include:
- Promoting transparency and accountability in financial dealings and organizational management.
- Strengthening procurement processes to meet both internal and national requirements.
Furthermore, immediate action is required on multiple policy drafts awaiting approval by the new Governing Board:
- Code of Conduct and Ethics
- Standard Operating Procedures (SOPs)
- Health and Safety Policy
- Scheme of Service
Committee Composition
Mr. Abdul Karim Hatsu, the appointed chair of the committee, expressed gratitude for the trust vested in him and emphasized the importance of integrity and adherence to legal standards. The team comprises experts handpicked for their ability to bolster the Commission’s efforts in upholding financial and operational discipline.
What This Means for Ghana’s Gaming Sector
The new Internal Audit Committee is a pivotal development for Ghana’s gaming industry. Through regulatory reforms and enhanced accountability, the Gaming Commission ensures the sector continues to grow responsibly while maintaining public confidence.
As the industry evolves, the emphasis on audit practices and compliance highlights the importance of sustainability and ethical operations within Ghana’s gaming ecosystem, benefiting both stakeholders and the larger economy.
