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Ghana loses $3 billion to corruption yearly as lawyer calls for convictions

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By Love Wilhelmina Abanonave

Private legal practitioner Inusah Abdulai Fuseini has reiterated that the country loses an estimated three billion dollars annually to corruption and has called for the conviction of officials found to be corrupt.

Speaking in an X Space hosted by the Office of the Special Prosecutor (OSP) on Sunday, November 23, 2025, Mr. Fuseini quoted the President of the Ghana Anti-Corruption Coalition (GACC), Beauty Narteh, who revealed that Ghana loses approximately US$3 billion each year to corruption, which is double the country’s annual foreign direct investment (FDI) inflows, standing at US$1.5 billion, depriving the nation of critical resources needed for development.

Lawyer Fuseini echoed similar sentiments, stating that until high-profile individuals are convicted of corruption expeditiously, people will continue to think they can get away with it.

“Until high-profile people are convicted of corruption expeditiously, people will keep dreaming and thinking that they can get away with corruption,” he said.

According to him, the previous administration had normalized corruption to some extent, hence the need for harsher penalties and more effective enforcement mechanisms to deter corrupt practices.

“In the last administration, there was a certain level of normalisation of corruption.”

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