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flag NAFCO, Ghana, formed its first audit committee on Oct. 24, 2025, to boost financial oversight and compliance.

flag NAFCO, Ghana’s National Food Buffer Stock Company, has established its first audit committee on October 24, 2025, fulfilling a legal requirement under the Public Financial Management Act, 2016. flag The five-member committee, comprising representatives from NAFCO’s board, the Internal Audit Agency, and the Institute of Chartered Accountants, Ghana, will oversee financial reporting, internal controls, risk management, and compliance. flag This move follows years of unmet obligations and is part of broader reforms, including strengthening internal audit and procurement systems, aimed at improving transparency and preventing financial irregularities.

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