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RLG pays GHC55m debt owed gov’t

Roland Agambire’s RLG Communications Limited, has cleared all its indebtedness to the government of Ghana, following investigations that, it owed the nation huge sums loaned the company, and two other subsidiaries of the AGAMS Group.

The debt, totaling GH61, 135,981.27; with interest, was as a result of loans that were granted to the three companies for the provision of certain services under the Ghana Youth Enterprise and Entrepreneurial Development Agency (GYEEDA).

Confidential documents sighted by The Herald reveal that, as at last Tuesday, GH¢54, 913, 539.69, was paid to the Attorney General’s Department, through the Economic and Organized Crime Office (EOCO) under the Ministry of Justice.

Portions of one the document stated that, “as at 8th March 2016, an amount of GH¢54, 913, 539.69, has been recovered by the Attorney General”.

The other subsidiaries of the AGAMS Group that were tasked to provide services under GYEEDA are, Asongtaba Cottage Industries and CraftPro Limited.

According to the document in the custody of The Herald, “RLG Communications Limited and Asongtaba Cottage Industries, have made full and final settlement of their indebtedness in the sums of GH¢7, 801, 159. 18 and GH45, 177, 752. 60 respectively”.

CraftPro, has also issued a Cheque to anti-corruption agency, EOCO, for the payment of the outstanding balance in the sum of GH¢6, 222, 441.59, and is yet to be cleared.

Interest on the loan was summed as GH¢5, 239, 312. 80.

This comes barely two months after a presidential aide and National Democratic Congress (NDC) parliamentary candidate for Ningo-Prampram, Samuel George Nettey, hinted on radio that, AGAMS Group, which has been under heavy criticism, especially from the side of the opposition New Patriotic Party (NPP), has almost completed paying the said amount.

Source:The Herald

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