Global Academy of Finance and Management threatens lawsuit against GTEC

The Global Academy of Finance and Management has initiated formal proceedings against the Ghana Tertiary Education Commission, signaling a direct legal conflict over professional certifications and regulatory authority.

The confrontation puts an international financial certification body against Ghana's statutory higher education regulator.

In an official statement addressing the regulatory conflict, "The Board said it is actively deploying all available legal, diplomatic, and administrative channels to resolve these regulatory issues swiftly and permanently"

Statutory Authority of GTEC

The Parliament of Ghana established the Ghana Tertiary Education Commission under the Education Regulatory Bodies Act of 2020. Act 1023 merged the former National Accreditation Board and the National Council for Tertiary Education into a single state authority.

GTEC holds the legal mandate to accredit tertiary institutions, approve academic programs, and verify qualifications presented

According to 3News.