The Ghana Railway Company (GRC) reportedly owes the Social Security and National Insurance Trust (SSNIT) GH¢11,724,50l.07, which debt arose from the failure of the company to pay the 12.5% contributions on behalf of its workers to the trust, since September 2008. SSNIT had already dragged the GRC to court and obtained judgement against it, but the latter could not redeem the debt, compelling the former to file a writ of fife for the seizure of all movable and immovable property of the company which was granted by the court. In line with this, three Tata buses with registration numbers GV 1265 C, GV 230 R and GV 1006 E, belonging to the company were in the evening of Tuesday seized by the court. Furniture, machines, electrical appliances, buildings at various locations and vacant land belonging to the company were also to be auctioned to offset the debt. The seized vehicles are now parked at the premises of the High Court awaiting auctioning. Information has it that the three vehicles, which are mostly used by the company to transport its staff were seized when the workers were getting ready to board the buses to transport them to their respective destinations. Notices have been pasted on the three vehicles indicating the court’s preparedness to auction the cars to offset the debt owed by the GRC. The notice reads; "Notice is hereby given that in pursuant a decree of the said Court hearing dated 8th day of September 2008 in the above suit, the property of the said defendant having been seized under writ of fife on the 20th day of February 2009 will be sold by public auction on the 27th day of April 2009." However, a GRC management source has told The Ghanaian Times’ reporter Alfred Adams that he did not believe the company could clear this debt and retrieve its seized vehicles. This is because the materials the company is using to work to generate some income were lacking. Apart from this, the salaries of the workers for some months now have not been cleared by the company. Therefore, he did not believe the company could clear the debt. It would be recalled that the previous government directed the GRC to use its own internally-generated funds to pay staff salaries. The Ghanaian Times reported that the seizure of the three vehicles comes barely two months after another Sekondi High Court granted an application of fife to seize two Tata buses belonging to the same company to settle a debt. The said writ of fife was filed by one Samuel Oteng. Source: The Ghanaian Times