Sign in
Download Opera News App

Economy&Finance

 

Business

 

Business Management analysis

GBC given 24 hour ultimata from ECG to settle long standing DEBT or be disconnected from the grid

The Electricity Company of Ghana (ECG) has given a 24-hour ultimatum to the management of the Kumasi International Airport together with the Ghana Broadcasting Corporation (GBC) to settle their huge debt else, their power would be cut off from the national grid.

This shocking yet sad news was made known by the Ashanti Regional Managing Director of the ECG, Mr. David Asamoah on Asaase Radio today. 

The ECG have started an operation "Collect or Correct" to be able to retrieve some monies owed by some customers in order to be able to run the day-to-day activities of the company.

The company is of the view that they want to clear off some old debts owed by most of the state owned enterprises snf companies that is difficult to retrieve and a hinderance to their operations since they have been unable to get these monies for quite some time now.

It says some of their customers have over the years been owing them for a while now and they are probably going to see the other side of the company shortly, should they fail to honor their part by settling their bills.

Mr. Asamoah went on that the state broadcaster, GBC in the Ashanti Region alone owes them an amount of GHS 2 million, the Kumasi Airport, the Kejetia Market, and some other agencies that are providing some essential services to the Asanteman and the State as a whole.

He said that after disconnecting the Kejetia market last week, the management later issued a cheque to be cashed out today and so, it believes that this action they are taking to retrieve their monies is in the right direction and that would compel them to do the needful. 

Content created and supplied by: AduanaBa (via Opera News )

Ashanti Region David Asamoah Electricity Company of Ghana GBC Kumasi Airport

COMMENTS

Load app to read more comments