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The Parliamentary Committee on Public Accounts (PAC) issued a two-week ultimatum to private and public institutions and corporations for the settlement of their debt, totaling 109,502 GH ¢ with the Ghana Broadcasting Corporation (GBC) )..
He issued the directive following the revelation contained in the 2016 Auditor General's report that some institutions and corporations owed to the GBC until 2008.
The Acting Director General of the GBC, Mr. Augustus Yamson, and his team were at the PAC meeting on Monday to respond to the issues raised in the report against the GBC.
The institutions and companies cited in the report include: Environmental Protection Agency (EPA); Ghana Cocoa Council (COCOBOD); National Road Safety Commission (NRSC); Rlg company;
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In his response, Mr. Yamson told GBC that a total of 96,000 GH ¢ had been recovered and that he was left with 109,502 GH ¢.
He added that some of the failing companies had collapsed and some of the advertising managers had lost responsibility, making it difficult to recover the money.
He said GBC had resolved to recover the money from existing failed companies to the state.
As a result, GBC has established collections teams in all regions to recover the debts.
Yamson said the company is ready to sue any company that has demonstrated a lack of willingness to bail out its debt.
"If we see recalcitrant companies that do not want to pay, we will sue them, and I will do it," he said.
Mr. Yamson said some of the failing companies had stopped doing business with GBC.
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