{"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

According to Mr. Agyeman, the mere creation of a Procurement Ministry<\/strong><\/span><\/a> will not solve the rampant issues of corruption associated with public procurement, but that efforts must be made to ensure that professionals within the industry act responsibly.<\/p>\n

He said, \u201chaving a fully-fledged public procurement authority and a dedicated minister for public procurement cannot be successful and achieve the desired benefits without the formidable local procurement and supply institute.\u201d<\/p>\n

Mr. Agyeman further said he believes the code of ethics will streamline the conduct of procurement professionals to restore the fading confidence in public procurement.<\/p>\n

–<\/p>\n

By: Jonas Nyabor\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"

A code of ethics for professional procurement officers has been launched in Accra to guide their activities. 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. [contextly_sidebar […]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,171],"tags":[3,1529],"yoast_head":"\nCode of ethics for procurement professionals launched - Citi 97.3 FM - Relevant Radio. 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