Old Tafo MP questions nearly GH¢1m cost of NPRA staff transfers

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Old Tafo MP questions nearly GH¢1m cost of NPRA staff transfers

The Member of Parliament for Old Tafo, Vincent Ekow Assafuah, has raised concerns over what he describes as costly and potentially unjustified staff t

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The Member of Parliament for Old Tafo, Vincent Ekow Assafuah, has raised concerns over what he describes as costly and potentially unjustified staff transfers within the National Pensions Regulatory Authority.

According to him, at least eleven staff members have been transferred within a short period under the leadership of Acting CEO Chris Boadi-Mensah, with each move reportedly costing about GH¢90,000 in relocation and related expenses—bringing the total close to GH¢1 million.

Mr Assafuah questioned whether such expenditure reflects prudent use of pension funds, noting that the system is designed to protect the long-term financial security of contributors.

“Pension contributors are entitled to ask whether repeated internal movements at such cost reflect value for money,” he stated.

He further suggested that the pattern of transfers raises concerns about administrative priorities and the possible politicisation of the Authority.

The MP warned that, if not properly justified, such actions could erode public confidence in the management of pension resources.

He has therefore called on the NPRA to provide a detailed breakdown of the transfers, including the rationale behind them, the cost components, and the expected institutional benefits.

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