22.9 C
Sunday, September 27, 2020

Administrator recounts how someone collapsed while chasing money

Popular Stories

See what Nengi was caught doing with Laycon in the Jacuzzi hours after Ozo’s eviction |Video

Hours after BBNaija lockdown housemate, Ozo was evicted from the reality show, his love interest Nengi has been spotted having a wonderful...

If A Dog Attacks You Don’t Run, Do Any Of These To Save Yourself

But sometimes, dogs also attack innocent people when a person is not familiar with them.

SEVEN Footballers Who Don’t Drink Alcohol

Alcohol taking as an exercise is common in almost every society as it is a major mode of “socialization”. The situation is...

Stop Charging Your Phone In The Night. See Why

ou may already have heard the warnings: Don’t overcharge your mobile phone. Make sure you unplug it from the charger after it...
Christopher Sam
Christopher Sam is a web designer, developer and has advanced knowledge in Search Engine Optimization, Responsive Website Design, Emails Marketing, BULK SMS Messaging, Schema Markup and a certified Google Trainer. He is a creator and editor at Hypercitigh.com, an online digital platform focusing on Credible and Timely news and in Ghana.
- Advertisement -

Richard Ampofo Boadu

The Administrator of the Ghana Education Trust Fund (GETFund), Richard Ampofo Boadu, has revealed the total debt accrued when he assumed office.

According to Mr Boadu, they incurred a total debt of GHc 3.6 billion spanning from 2014 to 2017 when he took over.

- Advertisement -

He explained that these debts included contractors who had completed their jobs and had presented certificates for payment.

Others, he said, were impending debts as the contractors were yet to complete their various designated projects.

He made the disclosure when speaking on Asempa FM’s Ekosii Sen.

- Advertisement -


“GHS 834 million of the debt was owed contractors who had raised certificates and about GHS 2.7 billion impending debts since the projects were ongoing. So our liabilities were about GHS 3.6 billion outstanding debts,” he said.

He revealed people on daily basis demand payments and they had to act swiftly, stating they could not solely rely on their GHS 1 billion statutory payment.

- Advertisement -

“About 70 people troop to my office daily and I can remember a day a 65-year-old medical doctor whose money was locked up came to my office to weep.

“Another also collapsed at the premises and had to be rushed to Nyaho Clinic, where I bared all the hospital cost. So the situation was that bad,” he recounted.

However, he disclosed about GHS 2 billion has been paid to contractors between 2014 and December 2019, adding that they have been on course when it comes to their payments. “In 2017 we paid 365 million, 604 million in 2018, 773 million and 333 million in 2019 and 2020 respectively,” he noted.

Source link

- Advertisement -
- Advertisement -

More articles

Latest article

This is how Laycon won the 2020 BBNaija Lockdown Season 5

Finally, BBNaija Lockdown 2020 has come to an end...

‘I Am Not Trying To Bleach’ – Ini Edo Explains What Happened To Her Face

Veteran actress Ini Edo has issued a disclaimer addressing...

Big Brother Naija: We Are All Enemies Here – Vee Tells Nengi

There was a small fracas yesterday between two Big...

Mahama can’t be trusted; he is inconsistent and flip-flops – Akufo-Addo

President Nana Akufo-Addo says the 2020 presidential candidate of the National Democratic Congress (NDC), John Mahama has proven over time, to be inconsistent,...

John Boadu elected as Deputy Chair of Democratic Union of Africa

The General Secretary of the governing New Patriotic Party (NPP) of Ghana, John Boadu, was, on Friday, September 25, 2020, elected as the...