SEC appear before PAC of Parliament
The Executive Chairman of the State Enterprises Commission, Yaw Klinogu has attributed the non performance of many State Enterprises in the country to the lack of planning, accountability and effective monitoring. He has therefore called on all sector ministers to sign performance contracts with Board of Directors.
Mr. Klinogu stated this when he led officials from the Commission to answer queries raised on the Auditor General's Report covering December 2004 to 2005 during the hearing of the Public Accounts Committee in Accra.
The Executive Chairman said the commission has tasked all SOE's to account for their performance for last year. He told the Public Accounts Committee that absence of Board of Directors at the State Enterprise Commission and unhealthy legal framework have negatively affected the commission's strategic direction.
The Chairman of the Public Accounts Committee Albert Kan Dapaah criticized the State Enterprises Commission for failing to embark on routine monitoring of SOE's. However, the Executive Chairman blamed the situation on lack of staff adding that the commission is working with only 12 personnel.