The Public Accounts Committee (PAC) of Parliament has directed the management of the University of Ghana to recover a total of $383,000 from its debtors by the end of the year.
This directive follows an Auditor General’s report, which identified several institutions that have owed the university for over nine years. The debtors include Telecel Ghana, Airteltigo, MultiChoice, NABPTEX, Pro Credit Savings and Loans Limited (now Fidelity Bank), and Crystal TV, among others.
During a recent sitting in Parliament, the committee emphasized the need for the university to take prompt action to retrieve the outstanding amounts.
Bernice Agudu, the university’s Director of Finance, explained that delays have occurred due to some debtors disputing their debts. However, she assured the committee that measures were being taken to resolve the situation.
Mrs. Agudu added, “We are trying to streamline. We have backlog issues we inherited. We are trying to do a clean-up, review processes and get everything done. So we now have a credit policy which will guide some of this.
“Some of them are disputing the amount. So you have to sit with them and reconcile and agree and then you take it from there…Now we have agreed on an amount, so demand letters have been sent based on the amount.
“We did a reconciliation with them, and indeed, the figure has been reconciled down to 383,753.96 dollars.”
