
Audio By Carbonatix
The government has acted on its promise to stop the sale of assets of State Transport Company (STC).Prudential Bank obtained a court order to sell the company’s property to settle a US$3.8 million loan.Workers of the distressed company feared the worst could happen because government was not showing commitment to rescuing STC.But Transport Minister, Collins Dauda has assured the planned sale of the company’s assets including the head office will not come off anymore.“The auction will not come on,” he said, “because of the negations that took place between SSNIT and Prudential Bank. We have been successful with the negotiations [and] there have been some understanding.”
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
-
NPP relaxes nomination form collection rules amid payment platform delays
16 minutes -
IFRIG leads regulators, Ghanaian banks on non-interest banking and finance training in Malaysia
17 minutes -
Ashanti Health Directorate fights Neglected Tropical Diseases with distribution of free medications
20 minutes -
Kenya minister found in contempt of court over US-backed Ebola centre
27 minutes -
Four arrested over murder of couple in Zebilla District
47 minutes -
EasyJet says US bidder trying to buy it ‘on the cheap’ as it rejects £4.7bn offer
1 hour -
Telecel Ashanti codes programme: First cohort of 25 pupils graduate in Obuasi
1 hour -
Electricity tariffs increases by 3.49%, water by 0.85% effective July 1
2 hours -
Man, 22, arrested with skeletal parts at Sefwi Atronsu
2 hours -
Former Kenyan justice minister blocked from entering Uganda, lawyers’ body says
2 hours -
Kenya minister found in contempt of court over US-backed Ebola centre
2 hours -
Young entrepreneurs showcase innovative solutions at Health Innovation Festival 2026
2 hours -
2026 World Cup: Messi scores twice as Argentina beat Austria
2 hours -
2026 World Cup: Decision on Ati Zigi to be made tomorrow – Carlos Queiroz
3 hours -
Four dead, 5 critical as 8 houses collapse after torrential rainstorm in Cape Coast
3 hours