Concerned members of the Hydro Co-operative Credit Union for Ghanaian workers, have expressed the need for the intervention of the Ministry of Employment and Labour Relations to avert the possible collapse of the credit union.
According to them, all procedures to save Ghanaian workers' funds lodged with the second largest co-operative society in Ghana have proved futile. Membership of the HCCUL is made up of staff of VRA, GRIDCo, NEDCo, and other allied institutions, enterprises, market women and other youth.
The possible collapse of the credit union, according to them is due to alleged mismanagement of HCCUL funds and victimization through the summary dismissal of some top HCCUL management staff who are opposed to the frivolous activities of the HCCUL Board.
The concerned members in a petition to the Minister of Employment and Labour Relations said there have been constant delays on the part of the Acting Registrar of the Cooperative Societies to resolve the issue.
They said, during a meeting with the Acting Registrar on the 18th of August 2022, he promised to issue a white paper in 2 months which has elapsed on October 18, 2022.
"Also, the Ag Registrar has constituted another committee of enquiry which is further prolonging the resolution of the issue. In view of this, the petitioners have lost faith in the Ag. Registrar and the HCCUL Board after having done the needful to the best of our knowledge," part of the petition read.
They are therefore calling on the Ministry of Employment and Labour Relations to intervene and save HCCUL from collapse as they are workers who wish to protect their funds and investment, especially in this time of a challenging economy.
Latest Stories
-
Today’s front pages: Friday, May 3, 2024
34 mins -
CAFCC: USM Alger file appeal at CAS to contest CAF’s decisions on RS Berkane jersey
1 hour -
Africa’s Outstanding Professional, Engr. Ebenezer Kwadjo Dankyi
1 hour -
Edudzi Tameklo insists Cecilia Dapaah’s case requires FBI’s findings for completeness
3 hours -
Deloitte Ghana wins Africa ESG Company of the Year 2024
3 hours -
Medical Laboratory Professionals threaten to strike over conditions of service
5 hours -
Residents of Anloga, Keta express frustration over ECG billing
5 hours -
I don’t believe in praying in tongues – Strongman
5 hours -
‘After The floods’: VRA and GMet clash over cause of Akosombo Dam spillage disaster
6 hours -
‘After The Floods’: Victims suffer harsh conditions 6 months after Akosombo dam disaster
6 hours -
Akufo-Addo to unveil Otumfuo commemorative stamp
6 hours -
EduSpots distributes over 100 tablets and laptops to 30 community-led education spaces
7 hours -
Taxation is driving away investors – FABAG General Secretary
7 hours -
Effutu MP commissions office for Hepatitis B; absorbs cost of testing, vaccination and management
7 hours -
Bawumia pushes for land digitisation to tackle land guard menace
7 hours