Corruption related to political party financing poses a grave threat to democratic development in Ghana. Covert party funding streams, influence peddling, and leveraging state resources for party purposes all compromise the single greatest asset of democracy: the faith and support of ordinary citizens in the political process.
With multiparty district system less than a decade old, low levels
of economic development, and traditional political constituencies based on tribal, ethnic, and regional interests rather than on ideology, many Ghanaian political systems remain fragile and weak. Still, political parties form the cornerstone
of a democratic society, aggregating and representing the interests of citizens to create public policy.
Leaders of political parties must find solutions, not only to the economic and social problems facing their nations, but to the negative influences of money, which affect key aspects of their organizational purpose.
Although there is a growing awareness about the problems of party finance in Africa, solutions have not fully emerged. Approaches taken in more developed democracies—including legal restrictions, reporting requirements, and public
financing of parties—have not proven a panacea; rather, they are tools that can be used should political will and civic pressure make party finance practices a priority. The purpose of this initiative is to assist and influence political parties and democratic activists. In many developing democracies, accurate information about political spending practices is unavailable but known to the public. How is these monies going to be paid back? Evidence of money sharing in banda constituency in party colours to be shared soon.