Audio By Carbonatix
An Accra Circuit Court on Monday ordered the arrest of George Aggudey, Chief Executive Officer of Goldcrest Security Limited, for failing to appear before it to answer a case of non-payment of 8.1 billion cedis as Social Security and National Insurance Trust (SSNIT) contributions of its workers.
When the case was called, Aggudey, Presidential Candidate of the Convention People’s Party (CPP) for the Election 2004, was not in court. He was also not in court when the case was first called on December 11, 2006.
He is facing two counts of failing to pay SSNIT contributions.
The facts of the case indicated that an inspection conducted on July 28, 2006 into the wages books of Goldcrest by the SSNIT Inspectorate Unit revealed that between January 1995 and June 2205, the company failed to pay contributions of workers and penalty totalling over ¢8 billion.
The arrears were made up of ¢3,378,855,762 as the actual amount while ¢4,772,026,314 was three percent penalty for delayed payment.
A demand letter was issued on July 28, 2006 but efforts to get the company to settle the amounts failed thereby swelling the amount to ¢8,150,882,076.72.
Source GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Refreshed PMP certification reflects evolving demands of project delivery and the skills employers need
5 minutes -
Iran war reshapes Brics ties but also exposes divisions
33 minutes -
Mahama to oversee handover of right-of-way clearance for Accra-Kumasi Expressway
47 minutes -
Moroccan teenager joins 1,000 young people for IFY 2026 Children’s Programme in Russia
49 minutes -
ISS cooperation offers lessons for resolving conflicts on earth – Russian cosmonaut
57 minutes -
Laboma demolition: 48 Engineer Regiment denies claims of no prior notice
1 hour -
Photos: Young Africans join global delegates in Russia for 2026 IYF
1 hour -
100 young journalists lead coverage of International Festival of Youth in Russia
1 hour -
Business owners, residents pack up belongings amid demolition at Laboma
1 hour -
US Rep. Tom Tiffany says he sustained minor injuries after plane makes emergency landing
1 hour -
Ebola infections top 7,000 in Democratic Republic of Congo, government data show
1 hour -
Critics celebrate CĂ©line Dion’s ‘high-stakes’ comeback show in Paris
1 hour -
New report of attack on Strait of Hormuz shipping fans fears of threats to oil supplies
1 hour -
African delegates join IFY 2026 clean-up, collect 22 cubic metres of waste from Russian lake
1 hour -
48 Regiment Engineers leads demolition exercise at Laboma Beach resort
2 hours