The African Continental Union Consult (ACUC), an African governance think tank, has commended President John Dramani Mahama for declaring his assets, calling for the declaration to be aligned with international benchmarks.
The ACUC noted that aligning asset declarations with international benchmarks, which include public accessibility, regular updates, independent verification, and enforceable sanctions, would be crucial in cementing a culture of transparency and integrity in Ghana.
Dr. Benjamin Anyagre Aziginaateeg, the Chief Executive Officer (CEO) of ACUC, told the Ghana News Agency (GNA) that by embracing the best practices observed globally, Ghana would be poised to set a new standard in governance and accountability.
Dr. Aziginaateeg said President Mahama's move to publicly declare his assets within 45 days in office was more than symbolic, as it was a strategic step toward eradicating corruption and fostering a government that truly serves the people.
"This landmark move, the first of its kind in Ghana's political history, signals a new era of transparency, accountability, and ethical leadership. It not only reinforces the constitutional mandate but also aligns Ghana with international best practices in asset disclosure," he indicated.
He observed that across the world, effective asset declaration systems have long been recognized as essential tools in curbing corruption, adding that since 1974, Members of Parliament in the United Kingdom have been required to publicly disclose their financial interests, thereby reinforcing public trust.
He added that in the United States, the Ethics in Government Act of 1978 made asset declarations a key pillar in ensuring accountability among public officials, noting that recently, Georgia has launched a digital portal that publishes comprehensive asset declarations, setting a high benchmark in the use of technology to promote transparency.
"These examples illustrate that when public officials are held accountable through transparent disclosure, trust between the government and its citizens is significantly enhanced."
The ACUC CEO said traditionally, asset declarations in Ghana were often kept confidential or were disclosed in a limited manner that made public scrutiny difficult; therefore, President Mahama's public declaration marked a sharp contrast to past practices by not only fulfilling a constitutional requirement but also by demonstrating a commitment to transparency that resonates with global standards.
According to him, the President's decisive action sends a clear message that public office was not a venue for personal enrichment but a position of trust and responsibility.
Dr. Aziginaateeg said best practices in asset disclosure systems emphasize not only transparency but also regular updates and strict enforcement, adding that in many countries, asset declarations must be updated periodically.
"For example, Kenya enforces regular declarations with clearly defined deadlines and sanctions for non-compliance," he indicated, adding that President Mahama's directive that appointees must declare their assets by March 31, with the risk of severe sanctions including removal from office, mirrors international practices where delays or failures were met with significant consequences.
He added that "by setting such clear expectations, the President's initiative creates an environment where accountability is not optional but a mandatory standard for all public officials."