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
-
Bosome Freho MP urges South Africa to take decisive action against Xenophobic attacks
3 minutes -
Mfantsipim SHS final-year student commits suicide
10 minutes -
Complete Farmer launches CF Grower and CF Buyer to deepen digital agriculture in Ghana
15 minutes -
Nukunu Sports Academy to support young football enthusiast until he turns 14
25 minutes -
With green card, Ofori-Atta has far more protection than he had previously – Kpebu
30 minutes -
Ghana Gas pays courtesy call on NPA CEO
40 minutes -
Extradition of Ken Ofori-Atta would be complex, protracted legal battle – Martin Kpebu
56 minutes -
Ofori-Atta’s health could influence any U.S. extradition decision – Martin Kpebu
1 hour -
Free Speech development in Ghana today and its implications for media development
1 hour -
NACOC to commemorate International Day against Drug Abuse and Illicit trafficking
2 hours -
Dafeamekpor calls for AU early warning system against Xenophobic violence
2 hours -
South Africa risks undermining its moral authority through Xenophobia – Dafeamekpor
2 hours -
Dafeamekpor condemns Xenophobic attacks in South Africa, calls for continental action
2 hours -
Ghana’s new investment law to reduce bureaucracy, strengthen investor confidence – GIPC CEO
2 hours -
Let’s begin trial in absentia against Ofori-Atta if necessary – PAC Vice Chair
2 hours