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Trafigura judgment debt: Ghana’s assets at risk – Bright Simons
He accused him of downplaying the severity of the Regina House issue and failing to adequately advise the government.
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He accused him of downplaying the severity of the Regina House issue and failing to adequately advise the government.
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He believes involving auditors in the electoral process would enhance the accuracy and integrity of the election results.
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It follows the inability of the firms to settle debts owed industry regulators like the NPA, Ghana Revenue Authority and the Bulk Oil Storage and Transportation Company.
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While launching the debt and claims recovery courts last week, the Chief Justice admitted the surge in small claims cases in Ghana's District Courts, necessitating immediate action.
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Sammi Awuku, the Director-General of the NLA, revealed this in Accra last weekend, stating that the authority has developed several strategies to curb illegal operations and maximize state revenue from lottery proceeds.
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The Managing Director, Osman Ayuba disclosed this at the Public Accounts Committee of Parliament sitting on Monday.
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Cabinet has taken notice of the practice by public institutions to assume ownership of public lands allocated to them for use and transfer title in such lands to third parties without the approval of the Government.
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The defaulting bodies have thus been directed to take the necessary steps to be in good standing by December 30, 2024.
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The offenders have therefore been banned from issuing cheques in the country and accessing new credit facilities for three years effective June 28, 2024.
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The case stemmed from a 2022, directive issued by the BoG directing all commercial banks, including Universal Merchant Bank Ltd (UMB), to secure written "No Objection" from its outfit.
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