Leader of the Getfund Contractors Association, Daniel Tanoh has discredited claims of the President Nana Addo Dankwa Akufo-Addo that much of the statutory arrears that his government met have been cleared, which include debts to the NHIS, the District Assembly Common fund, as well as the GETFund.
According to Daniel Tanoh, the President’s comment on these statutory arrears which he claims have been cleared, including the the Getfund Contractors, at a media encounter, at the Flagstaff House on Wednesday, to commemorate his 1-year in office, is entirely false.
“Since July 2016, contractors who presented their documents for payments are still waiting. I don’t know who fed the president with those figures that the government has paid Getfund contractors.
“Since the president made the announcement, our creditors have been calling us (contractors). It is a sad day for Getfund contractors”. He lamented
Below is the full Release…
“I’M PAYING ROAD CONTRACTORS; CLEARING MAHAMA’S DEBTS” – PRESIDENT AKUFO-ADDO
“I am being urged to pay contractors. I am paying them. In 2017, nearly GH¢1 billion (GOG – GH¢300,400,156.75; Road Fund- GH¢664,091,476.88) of the GH¢1.6 billion owed road contractors was cleared. In January this year, we have disbursed GH¢125 million out of the remainder of GH¢600 million to the contractors.”
These were the words of the President of the Republic, Nana Addo Dankwa Akufo-Addo, at a media encounter, at the Flagstaff House on Wednesday, 17th January, 2018, to commemorate his 1-year in office.
In his introductory remarks, President Akufo-Addo stated that his government has paid GH¢826 million of the GH¢1.2 billion loan contracted by the previous administration, for which the Road Fund was used as collateral.
“It is important to note that all these debts were accrued under the previous administration. I will also point out that much of the statutory arrears, that we met, have been cleared, that is debts to the NHIS, the District Assembly Common fund, and the GETFund,” he said.
President Akufo-Addo pointed out that the salary arrears, that were paid to teachers last week, to the tune of GH¢14 million, were accrued from 2013 to 2016.
“The regimen we have in place now is to pay government bills as they come due, and not accrue arrears. We are resisting the temptation to award contracts, when funds are not available to pay for the certificates as they come up. Those who conduct business with government will find that things are being done differently,” he assured.
President Akufo-Addo revealed further that his administration has had to subject 11 billion cedis of arrears, bequeathed his government in 2017 by the Mahama administration, to a process of audit review and validation.
“The audit service has certified payments to the tune of GH¢5.5 billion, and rejected about GH¢5.7 billion cedis, representing a potential savings of 51% on these outstanding commitments. This shows the validity of our criticism that so much of contracts awarded in the Mahama era were inflated,” he said.
The President continued, “I have promised to protect the public purse, and I am doing just that. Those who have done honest work, and at honest rates for the government, will get paid and paid on time so their profits do not get swallowed up in bank interests, and, thereby, threaten the collapse of their businesses.”
It’s NOT true that GETFUND has made payments to GETFUND contractors as the president said today in his address, since July 2017, contractors who presented their documents for payments are still waiting. I don’t know who fed the president with those figures that the government has paid Getfund contractors. Since the president made the announcement, our creditors have been calling us (contractors). It is a sad day for Getfund contractors;
Leader of Getfund Contrators Association, Ghana.