State Housing Company commended for reduction in infractions, enhanced controls, says MD

State Housing Company commended for reduction in infractions, enhanced controls, says MD

The Managing Director of the (SHC), Kwabena Ampofo Appiah, highlighted the company's successful efforts in curbing infractions and irregularities during an appearance before Parliament's Public Accounts Committee.

The Committee lauded SHC for a notable reduction in issues reported in the 2021 Auditor General's Report.

Ampofo Appiah, speaking to JoyNews, emphasized the implementation of stringent management controls under his leadership to prevent irregularities and infractions.

He expressed a commitment to building the company, stating, “The change in leadership has brought in a new sense of wanting to build the company, and the staff are helping us to get these things right.”

The MD acknowledged challenges dating back to 2016 and earlier, stating that they have successfully resolved past issues.

He expressed optimism about the company's future improvement and the diminishing occurrence of infractions.

The ongoing Public Accounts Committee hearings on the 2021 Auditor General's Report have uncovered significant irregularities in various state-owned institutions. The committee is poised to present its report and recommendations to Parliament.

Previously, the SHC faced criticism for failure to collect debts, particularly from customers at the Borteyman Estate.

The Auditor General's Report revealed defaults totalling GH$430,796, with only one client paying GH¢6,000 by the end of 2019.

Another issue highlighted overdue receivables from the Electricity Company of Ghana (ECG), with SHC at risk of losing lands.

The report recommended legal action against ECG, but SHC management claimed ongoing discussions for instalment payments.

Despite past challenges, Ampofo Appiah emphasized a new business approach at SHC, reflecting a commitment to addressing past issues and ensuring a more robust and compliant operation.

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