Trade Ministry to settle GH¢1,081,000.00 judgement debt

GNA

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The Ministry of Trade and Industry has offered to settle a judgement debt of GH¢1,081,000.00 incurred by the Ghana Trade Fair Authority (GTFA) following an action brought against the company by its former Chief Executive, Ms Ester Ofori.

So far, the Ministry had paid GH¢320,000.00 out of the amount and now waiting for the court to reconcile the figures to take care of what is left.

Mr Carlos Ahenkorah, Deputy Minister of Trade and Industry made this known when he appeared before the Public Account Committee (PAC) to answer questions on the 2016 Auditor General’s Report.

Ms Ofori had brought the action against GTFA for refusing to pay her benefits at the end of her tenure of office.

The court ordered the seizure of some properties of the company and blocked its account.

The Deputy Minister said the Ministry had engaged the court to determine the cost of the properties including vehicles which were auctioned.

This was to enable them to do the necessary reconciliation to pave way for payment of any outstanding debt.

Mr Ahenkorah added that the Ministry had taken over the debt of the company and would do everything to prevent such occurrences in the future.

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