GH¢38.3M Mobile Donations Vanish in Failed Transactions

Audit reveals 98% failure rate in public fundraising for Ghana’s National Cathedra

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National Cathedral
National Cathedral

A staggering GH¢38,294,693 ($3.2M) in public mobile donations for Ghana’s National Cathedral failed or reversed between 2021–2023, Deloitte’s audit discloses.

Only GH¢710,941 reached project accounts a 98% failure rate with no reconciliation or evidence of recovered funds.

MTN MoMo and shortcode systems showed unexplained discrepancies: 2021 records alone had GH¢115,735 in mismatched balances. Management called the losses “technical errors,” but auditors found no investigation into the causes or accountability for the losses.

The project’s sole revenue beyond state seed money relied on these donations. Deloitte warned the gap “impacts recorded revenue accuracy,” yet management provided no transaction audits. Failed funds remain unaccounted for in financial statements.

The Cathedral’s fundraising mechanisms lacked oversight despite processing GH¢39M in public contributions.

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