Home / GENERAL NEWS / Saglemi Housing: Collins Dauda, 4 others dragged to Court for causing financial loss to the State.

Saglemi Housing: Collins Dauda, 4 others dragged to Court for causing financial loss to the State.

The State has formally charged former Works and Housing Minister Alhaji Collins Dauda and four others for wilfully causing financial loss to the state over the Saglemi Housing project.

A charge sheet sighted by Starr News said Alhaji Dauda misapplied the two million dollars approved by Parliament for the project.

Former Works and Housing Minster Samuel Atta Akyea hinted some members of the erstwhile NDC government were going to be charged over the project.

The 5000 housing unit facility was started by the Mahama administration in 2012. However, the project was stalled for three years following the controversial allegations that there was a misappropriation of funds by the previous government.

Background:

The Saglemi Housing Project was essentially approved by Parliament on October 31, 2012, after the consideration of a Report of the Joint Committee on Finance and Works and Housing on the project’s associated loan agreement.

The loan agreement was between the Government and Credit Suisse International for US$200,000,000 for the construction of 5,000 affordable housing units by Construtora OAS Limited.

The deal was for the construction of 5,000 affordable housing units and was first laid in Parliament on September 28, 2012.

It was thus referred to a Joint Committee on Finance and Works and Housing for consideration and report back to Parliament in accordance with the Constitution and the Standing Orders of the House.

At the time of the agreement, Ghana’s housing deficit was estimated to be about 1,700,000 units

See also  Techiman-Tanoso: Car knocking is on high, become death zone as another Person killed, Residents lament.

About admin

Check Also

This is why I resigned ~ Kyei-Mensah-Bonsu

source: Onuaonline Outgoing Majority Leader, Osei Kyei-Mensah-Bonsu, has voiced out the rationale that informed his …

Leave a Reply

Your email address will not be published. Required fields are marked *

x