Sunday , September 20 2020

GOVERNMENT MUST PAY CONTRACTORS SO THEY CAN PAY DR NDUOM’S COMPANIES SO AS TO PAY CUSTOMERS

As the United Kingdom chapter of the progressive people’s party of Ghana, we register our government’s inability since 2017 to pay the sum of  2.4 billion cedis owed to Gold Coast find Management  (now Blackshield Capital Management ) and GN Bank  (now GN savings and Loans Company )for lending loans to contractors to carry out Ghana government projects nationwide.

The current clean-up exercise in the banking era by the Bank of Ghana ( BOG ) for some reasons has resulted in the revocation of licenses of 79 institutions Dr. Nduom’s Gold Coast fund Management and GN Bank is part in the companies whose licenses when the companies funded the contractors to perform Ghana government projects leaving a debt of 2.4 billion cedis that remains unpaid by the government.

They said that the government should simply pay Gold Coast Fund Management and GN Bank so they can run their businesses smoothly.

STORY BY: TORRO MAIMOUNATOU

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