Audio By Carbonatix
Parliament's Public Accounts Committee (PAC) is urging the Agricultural Development Bank to pay back an amount wrongfully debited to the University of Cape Coast's (UCC) account.
The incident is said to have happened some 10 years ago involving an amount of ¢10,000.
Speaking before the Committee, Director of Finance of UCC, Elizabeth Obese explained that numerous attempts to get the bank to rectify the anomaly has proven futile.
She was responding to questions from the Member of Parliament for Komenda, Samuel Atta Mills during the PAC's sitting on September 3, 2020.
Elizabeth Obese told the Committee; “We have written a series of letters and we wrote the last one just last week but we still have not had any feedback.”
She further explained that the school further refrained from engaging in transactions with the bank’s account as a way of registering its displeasure, a move which has equally yielded no results.
“The first step we took was to stop operating that account just to alert them that we are not satisfied with the services that they are offering us. But after all this, they didn’t credit it.
The committee urged the bank to take the necessary steps to credit the accounts of the schools.
“So I believe we have to take a firm decision after we have appeared before your honourable committee," she said.
Meanwhile, Chairman of PAC James Avedzi questioned why a 10kv generator bought by the university cost ¢73,000.
He asked the registrar to double-check and return to furnish the committee with the accurate figures regarding the expenditure.
Latest Stories
-
Partey visa ban: We are racing against time – Ablakwa reveals barely 48hrs to Ghana’s opener
1 hour -
DHLTU’s Open Day and Mini Trade Fair: When classrooms turn into marketplaces
1 hour -
Stranded tricycle waste collectors threaten to offload trash at unauthorised locations in Kumasi
2 hours -
Upper West minister challenges DHLTU leaders to excel at SRC Week 2026 launch
2 hours -
Office of Government Machinery not burdened by political appointees — Kwakye Ofosu replies Damongo MP
3 hours -
US Air Force B-52 bomber plane crashes after take off in California
3 hours -
SpaceX IPO raised $10bn more than thought
3 hours -
Heroic Cabo Verde clinch draw with Spain
3 hours -
Parents of 24 Ghanata SHS students agree to pay GH¢5,200 over alleged food theft by their wards
3 hours -
Kasapreko PLC lists on GSE, opens new chapter for growth
4 hours -
AI strategy key to positioning Ghana as leader in responsible AI development – Bandim Abed-Nego
4 hours -
Damongo MP urges CSOs to probe true cost of Mahama’s government
4 hours -
Ministerial numbers alone do not reveal government size – Samuel Jinapor
4 hours -
Ghana’s flooding problem caused by years of poor attitudes and weak enforcement – Researcher
4 hours -
Two diesel trailers collide at Kwahu Hwidiem
4 hours