{"id":369211,"date":"2017-11-07T19:08:52","date_gmt":"2017-11-07T19:08:52","guid":{"rendered":"http:\/\/citifmonline.com\/?p=369211"},"modified":"2017-11-07T19:08:52","modified_gmt":"2017-11-07T19:08:52","slug":"code-of-ethics-for-procurement-professionals-launched","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/11\/code-of-ethics-for-procurement-professionals-launched\/","title":{"rendered":"Code of ethics for procurement professionals launched"},"content":{"rendered":"
A code of ethics for professional procurement officers has been launched in Accra to guide their activities.<\/p>\n
Speaking at the launch in Accra on Tuesday, the President f the Ghana Institute of Procurement and Supply (GIPS), Collins Agyeman, said there is the need for a legislative backing of the code to ensure strict adherence.<\/p>\n
[contextly_sidebar id=”VuRCUxaKwPsmy5RFZxiJuc8wJZVJNRmT”]He expressed worry over the increasing incidence of procurement<\/strong><\/span><\/a> malpractices that resulted in the state loss of huge sums of money.<\/p>\n He cited the state\u2019s loss of GH\u00a2 100 million through various MMDAs unethical procurement practices in 2015.<\/p>\n \u201cThere is an immediate need to have a legislation backing the practice to minimize corruption practices. This will help weed out persons who see procurement as an avenue to selfishly enrich themselves. We are in the era where developing economies are going through unprecedented changes. The complexities of businesses and economic environments are a reality, and therefore demands a robust support from a well-structured and strategic procurement and supply chain to help grow our economy and businesses,\u201d he said.<\/p>\n