Justify nearly GH¢1m spent on transfers - Assafuah to NPRA

Member of Parliament for Old Tafo, Vincent Ekow Assafuah, has criticised what he describes as costly and potentially unjustified staff transfers within the National Pensions Regulatory Authority (NPRA) under Acting Chief Executive Officer Chris Boadi-Mensah.

According to Assafuah, at least eleven staff members have been transferred within a short period, with each move reportedly costing about GH¢90,000 in relocation and related expenses.

A report by adomonline.com on April 16, 2026, indicates that the cumulative cost of these transfers is close to GH¢1 million.

He questioned whether such expenditure reflects prudent management of pension funds, particularly within a system designed to safeguard the long-term financial security of contributors.

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

Assafuah argued that the pattern of transfers raises concerns about administrative priorities and the potential politicisation of the Authority.

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

The lawmaker is therefore calling on the NPRA to provide a detailed breakdown of the transfers, including their rationale, cost components, and the expected institutional benefits.

MRA/VPO

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