The Methodist Church of Ghana is desperately seeking for financial support to defray a gargantuan debt owed by its university.<\/p>\n
[contextly_sidebar id=”8ApuvsitR21cd8A38Opqpa24ZJiPkxIc”]The Methodist University College (MUC) is said to have contracted a bank loan of about GH\u00a21 million some two years ago but has defaulted in paying.<\/p>\n
The amount is said to have accumulated huge interest over the years.<\/p>\n
In its bid to save the school, the Methodist church has sent a distress call to its societies to contribute between GH\u00a22,000 and GH\u00a270,000 or more to help defray the debt.<\/p>\n
According to Daily Graphic the superintendent ministers had been tasked to ensure that their congregations contribute their quota to settle the loan or risk being denied their salaries.<\/p>\n
\u201cThe sources said the various churches had been given up to the end of the year to \u2018cough\u2019 out the levies.\u201d<\/p>\n
The newspaper on Tuesday reported that the announcement to that effect, was made on Easter Sunday adding that \u201cthe Dansoman Circuit alone, which is made up of about seven different societies, is expected to pay GH\u00a2181,191 by the end of the year. \u201c<\/p>\n
\u201cIn the Dansoman Circuit, there are seven big societies and six smaller ones, described as nurseries.\u201d<\/p>\n
Meanwhile, some members of the church have express anger at the directive citing current economic hardship in the country.<\/p>\n
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By: Godwin Allotey Akweiteh\/citifmonline.com\/Ghana<\/p>\n