The impact of corruption on the economy in developing nations has been associated with a number of factors in the public sector institutions, such as the police, customs, immigration, and financial institutions. However, very few have addressed how corrupt judicial systems contribute to the rapid collapse of the economy. One of the main factors that not only endangers the African continent but also fuels poverty is corruption in the public sector generally and in the court specifically.
In a study of 43,000 people from 28 sub-Saharan African nations, Transparency International, in collaboration with Afrobarometer, found that the most significant corruption scandals occur in the private sector, the police, and the judiciary. Therefore, it should come as no surprise that Akufo-Addo appointed Godfred Dame as Attorney General and Gertrude Torkornoo as Chief Justice to defend the NPP’s corruption, thereby establishing the most corrupt judicial system in Ghana’s political history.
Akufo-Addo has a number of disturbing characters. He loves money, but he is a very lazy person who prefers to amass fortune through embezzlement, money laundering, corruption, and the profitable industries that support such crimes, like illicit mining and the gold trade. Many of the projects that sods were cut to start in 2017 when he took office were not even started when he left office after eight wasteful years. He is the worst president in Ghana’s political history, or probably in Africa.
Additionally, he is the only Ghanaian leader to have purposefully appointed the highest number of judges to the Supreme Court. To protect himself and the corrupt NPP politicians, such as Eugene Arhin, Afenyo-Markin, Cecilia Dapaah, and others, he erected the highest wall of protection that no one can climb. Judicial corruption to its roots enabled the court system’s failure to prosecute corrupt politicians, which led to the collapse of the nation’s economy, businesses, and investments.
It is impossible to underestimate the influence that judicial corruption has on the economy. The impact that effective judicial systems have on economic efficiency and development is the main subject of the study of law and economics of development. Broad corruption significantly slows down trade and commerce, and in developing nations where corruption is allowed to continue unchecked by a corrupt judiciary, it can have a highly negative effect on the economy and lead to uncomfortably high inflation.
Establishing an efficient judicial system to combat corruption alongside the government is, therefore, essential to developing trustworthy anticorruption policies. Ghanaians experienced the worst economy and judiciary system under the leadership of Akufo-Addo and Gertrude Torkornoo’s administration. Thus, to maintain the economy, Mahama must pick a better chief justice to oversee an efficient judicial system.