400 contractors demand payment

Mr Seth Terkper,Minister of Finance and Economic Planning (11)A TOTAL of 400 road contractors who worked on some cocoa roads across the country are appealing to the government and the Ministry of Finance (MOF) to immediately release their GH¢81 million arrears owed them.

The contractors who are members of the Progressive Contractors Association of Ghana said for about two years that they completed their road projects, MOF was yet to reimburse them.

Nana Agyenim Boateng, Spokesperson for the group who disclosed this during a media interaction in Accra on Thursday appealed to the president to intervene to ensure that their monies were paid to them.

He explained that in October this year, the Ghana Cocoa Board (COCOBOD) raised the said arrears to MOF to be disbursed among the contractors as payment of outstanding debts.

He said the ministry was yet to release those monies to them, even though they had satisfied all the requirements to receive the funds.

Nana Boateng said the long delay of payments was causing severe hardship to members who were uncertain as to when the funds would be released for the payments

Additionally, some members are constantly being harassed by their bankers and suppliers in demand for monies owed them especially, as the Christmas draw near.

“The long delay in the payment of our monies, is seriously affecting our businesses as most members are cash strapped now, and some are even not able to pay their workers,” he bemoaned.

Nana Boateng, therefore, appealed to MOF to explain the long delay to their members and also to quicken the process to pay them their monies.

He also urged the Ministry of Roads and Highways to assist them to access their monies from the Finance Ministry.

By Joseph Edu Archison

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