The Auditor-General has, in a ‘disturbing’ report, slammed the GETfund for “unlawfully” dishing out more than $4.7m in scholarships to persons who are anything but needy students.
In the report, Members of Parliament, politicians, media practitioners, lecturers, heads of institutions and associates have been listed as beneficiaries of GETFund scholarships, which are meant for needy but brilliant students.
READ MORE: How depreciation of the cedi caused GETfund to exceed its budgetary allocation by 300 percent
A performance audit report of the Auditor-General on the administration of scholarships by GETFund revealed that a lecturer at the GIMPA law school Justice Srem-Sai and Prof. John Gatsi Dean of the University of Cape Coast have all benefitted from the scheme.
Who are the supposed Beneficiaries of GETfund
Beneficiaries are qualified Ghanaians (brilliant but needy students and workers) who have applied for scholarship, gone through the selection process and are on scholarship grants. Beneficiaries on foreign scholarship are to enter into a bond to return to Ghana immediately on completion of the programme to serve the nation for not less than five years. In default of the bond, beneficiaries are required to refund the sums expended on them plus interest at the rate of 15 percent.
List of Lecturers of Universities granted scholarships
