Appointees who failed to meet March 31 deadline for declaration of asset will forfeit 4 months’ salaries – Mahama

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President John Dramani Mahama has issued a stern warning to appointees in his government who failed to declare their assets by the March 31, 2025 deadline, stating they will forfeit four months of their salaries.

Speaking at the launch of a new Code of Conduct for Public Servants in Accra on May 5, President Mahama emphasized that asset declaration is a non-negotiable requirement for all public officials. He reiterated his February directive mandating all newly appointed or nominated officials to declare their assets by the end of March.

“On 18th February 2025, I set a deadline of 31st March for all appointees who are taking office or being nominated at the time to declare assets. An update provided by the Auditor General to my office indicates that some of you failed to meet that deadline,” he stated.

“For all those appointed or nominated before 31st March 2025 and failed to meet the deadline, you are forfeiting three months of salary to be donated to the Ghana Medical Trust Fund named after me, Mahama Cares,” the President added. “In addition to the one-month salary that I have asked all appointees to donate… you are paying four months’ salary to Mahama Cares.”

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President Mahama gave the defaulting appointees until the close of day on May 7 to comply or face dismissal.

Sources within government revealed that notable figures, including Nathan Kofi Boakye, Seth Emmanuel Terkper, and Larry Gbevlo-Lartey, were among those who missed the deadline.

The newly launched Code of Conduct applies to ministers, deputies, presidential staffers, CEOs, board members, and other executive appointees. It includes strict rules on conflicts of interest, gift acceptance, and misuse of public funds, with consequences including suspension or dismissal for breaches.

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