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Reading: Assafuah: 11 staff transfers under Boadi-Mensah drained nearly GH¢1m from pension funds
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Posh Fm Online > Blog > News > Assafuah: 11 staff transfers under Boadi-Mensah drained nearly GH¢1m from pension funds
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Assafuah: 11 staff transfers under Boadi-Mensah drained nearly GH¢1m from pension funds

Posh Fm Online
Last updated: April 16, 2026 4:15 pm
Posh Fm Online
Published: April 16, 2026
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A statement by Assafuah has sparked concern over the financial impact of staff transfers carried out under the tenure of Boadi-Mensah, with claims that the moves cost pension funds close to GH¢1 million.

According to Assafuah, a total of 11 staff transfers executed during the period placed a significant financial burden on pensioners, raising questions about the prudence and necessity of the decisions. He argued that the cumulative cost associated with the transfers—including relocation expenses, allowances, and administrative adjustments—ultimately drew heavily from funds meant to support retirees.

Assafuah expressed worry that such expenditures could undermine the sustainability of pension schemes, particularly at a time when many pensioners rely heavily on these funds for their livelihoods. He called for greater transparency and accountability in administrative decisions that have financial implications for public institutions.

The remarks have intensified calls for a review of the circumstances surrounding the transfers, with stakeholders urging authorities to investigate whether due process was followed and whether the costs incurred were justified.

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While Boadi-Mensah has yet to publicly respond to the allegations, the issue is expected to generate further debate among policymakers, labour groups, and pension fund managers over the management of public resources.

Analysts say the situation highlights the need for stricter oversight mechanisms to ensure that decisions affecting pension funds are made in the best interest of contributors and beneficiaries.

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TAGGED:Assafuah

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