{"id":70624,"date":"2014-12-02T15:37:29","date_gmt":"2014-12-02T15:37:29","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=70624"},"modified":"2014-12-02T15:37:29","modified_gmt":"2014-12-02T15:37:29","slug":"govt-owes-us-over-ghc700-million-vra","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2014\/12\/govt-owes-us-over-ghc700-million-vra\/","title":{"rendered":"Gov\u2019t owes us over GHC700M \u2013 VRA"},"content":{"rendered":"<p style=\"text-align: justify;\">The Board Chairman of the Volta River Authority (VRA), Ambassador Lee Ocran has disclosed that a government institution owes the authority about of GHc700 million.<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #333333;\">Though he failed to mention the name of the institution, he said they will soon resort to the court to retrieve their money.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #333333;\">\u201cWe are threatening to take a state institution that owes the VRA over GHC 700 million to court if they don\u2019t pay up. I am going to chase everybody for the monies. I won\u2019t mention their names,\u201d he said.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #333333;\">[contextly_sidebar id=&#8221;Cwd9xfLyYXq56YDlyfBmWHNSPXn5lVe3&#8243;]His statement follows recent revelations made by the Electricity Company of Ghana (ECG), that <span style=\"color: #666699;\"><a style=\"color: #666699;\" href=\"http:\/\/4cd.e16.myftpupload.com\/2014\/11\/13\/ecg-disconnects-baba-yara-stadium-three-others\/\" target=\"_blank\"><strong>various institutions<\/strong><\/a><\/span> in the country <span style=\"color: #666699;\"><a style=\"color: #666699;\" href=\"http:\/\/4cd.e16.myftpupload.com\/2014\/11\/13\/ecg-disconnects-baba-yara-stadium-three-others\/\" target=\"_blank\"><strong>including the Baba Yara Sports Stadium<\/strong><\/a><\/span> and\u00a0<span style=\"color: #666699;\"><a style=\"color: #666699;\" href=\"http:\/\/4cd.e16.myftpupload.com\/2014\/11\/17\/we-dont-owe-ecg-ghc1m-parliament\/\" target=\"_blank\"><strong>Parliament owe them huge sums of monies<\/strong><\/a><\/span> which they say is affecting their service delivery.<\/span><\/p>\n<p style=\"text-align: justify;\">Ambassador Lee Ocran who was speaking in an interview on Accra based radio Gold, observed that nonpayment of debt by public institutions has doubled the woes of VRA.<\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #333333;\">\u201cThis is why VRA has a problem. VRA used to be the most liquid institution in Ghana,\u201d he opined.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #333333;\">\u201cThere are private institutions, mines that owe VRA, they are not paying. There is one owned by a quasi-state institution; they owe us one million barrels of oil. I told their managing director I will take my oil. VRA is cashtrapped. VALCO owes us, Sonun Asogli owes, when you chase them they say ECG has not paid us so we can\u2019t pay you.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #333333;\">On how to retrieve such monies, Ambassador Ocran said apart from dragging them to court he assured that \u00a0\u201cwe are trying to do inter agency accounting to sought out this thing.&#8221;<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #333333;\">Ambassador Lee Ocran who is vying for the Vice Chairmanship slot in the National Democratic Congress (NDC) was optimistic of winning the position citing his in-depth knowledge and previous experience in the party.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #333333;\">&#8211;<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #333333;\">By: Godwin Allotey Akweiteh\/citifmonline.com\/Ghana<\/span><br \/>\n<span style=\"color: #333333;\"> <a class=\"twitter-follow-button\" style=\"color: #333333;\" href=\"https:\/\/twitter.com\/AlloteyGodwin\" data-show-count=\"false\">Follow @AlloteyGodwin<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Board Chairman of the Volta River Authority (VRA), Ambassador Lee Ocran has disclosed that a government institution owes the authority about of GHc700 million. Though he failed to mention the name of the institution, he said they will soon resort to the court to retrieve their money. \u201cWe are threatening to take a state [&hellip;]<\/p>\n","protected":false},"author":24,"featured_media":70625,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[38,17],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gov\u2019t owes us over GHC700M \u2013 VRA - Citi 97.3 FM - Relevant Radio. Always<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/citifmonline.com\/2014\/12\/govt-owes-us-over-ghc700-million-vra\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t owes us over GHC700M \u2013 VRA - Citi 97.3 FM - Relevant Radio. Always\" \/>\n<meta property=\"og:description\" content=\"The Board Chairman of the Volta River Authority (VRA), Ambassador Lee Ocran has disclosed that a government institution owes the authority about of GHc700 million. 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