The National Cathedral project has cost the state $97 million, Minister of Government Communication, Felix Kwakye Ofosu, has disclosed.
This figure was uncovered following an audit conducted by Deloitte and Touche, which was directed by President John Dramani Mahama.
The audit revealed significant financial irregularities, including a lack of due diligence, weak internal controls, and poor accounting practices. Management also failed to provide documentation for several transactions, including office costs and board expenses.
Contrary to the widely held view that total payments and commitments amounted to $58 million, an additional $39 million is due to the contractor, bringing the total cost to $97 million. Kwakye Ofosu expressed concern that additional costs continue to accumulate daily, despite work on the project having ceased years ago due to unfavorable contract terms.
The National Cathedral is designed to serve as a cultural and heritage landmark, with planned facilities including a Bible Museum, Biblical Garden, banquet hall, 350-seater restaurant, library, and conference centre. These facilities aim to promote faith-based tourism and national pride. The project’s financial mismanagement has raised questions about its viability and value for money.
