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Chairman of the Nduom Group, Dr. Papa Kwesi Nduom
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The government owes the Group Nduom only 3.1 million GH ¢, according to a source at the Ministry of Finance.
Documents identified at the Ministry of Finance indicate that the contracting authorities are required by an interim payment certificate agreement with Gold Coast Investment Company.
The survey conducted by JoyBusiness on the figures shows that the Ministry of Finance has so far validated 35 million GH ¢ and paid 22 million GH ¢. These are debts contracted directly by the Ministry of Finance.
A new validation carried out according to sources close to the Minister of Finance has proved that only 12.5 million GH ¢ out of the 22 million GH ¢ requested by Gold Coast Securities could be found.
The other contracts are either "fictitious" contracts or uncompleted contracts. As a result, the amount owed to the Ministry of Finance was allocated 9.4 million GH ¢ with a debt of 3.1 million GH / contractors bound by a CIP agreement with the Nduom Group.
Opposite views
Ben Afreh of Gold Coast Securities presents a contrary point of view. He said that the amounts owed to them exceeded 2 billion GH ¢ by all government agencies, including COCOBOD and the Ministry of Finance.
The amount we owe to the Ministry of Finance alone is more than 137 billion GH ¢, "the ministry tells you and we have documents to prove," lamented Ben Afreh.
He added: "The debts include the certificates issued for the completed works, but certificates have yet to be issued because the work is not yet completed and the completed projects that the entrepreneurs have not yet returned to enter. A private auditor has reviewed all these projects and we expect the government to pay. "
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