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| Chief Executive Officer of the Savannah Accelerated Development Authority (SADA), Charles Abugre |
Chief Executive Officer of the Savannah Accelerated Development Authority (SADA), Charles Abugre has revealed that it will write-off the GH¢21.8 million loan owed it by farmers within the SADA ecological zone.
Several farmers benefited from the loan in 2013, however, only GH¢998,000, representing 4 percent of the total amount, has so far been recovered so far.
SADA receives Finance Ministry approval to set up banks https://t.co/dAexFSiorZ #JoyNews pic.twitter.com/SFbfAi1IGK— Joy 99.7 FM (@Joy997FM) June 21, 2016
This got Ghanaians on Twitter mad today, June 21, and the trend started topping all trends for hours.
Here are some of the comments from micro-blogging site. Don’t forget to share yours with us.
SADA and GYEEDA are the greatest state sponsored scams in our country— Pulse Akoto (@eastsportsman) June 21, 2016
We are yet to punish those who misappropriated the millions of dollars pumped into SADA, and we are giving them more cash? Oh Ama #Ghana— Prampramfisherman (@AnnyOsabutey) June 21, 2016
Gilbert Iddi former CEO of SADA spent 1.8 billion old cedis just on a trip to Turkey. He’s been asked to bring back the money.— Ghana’s Statistics (@statsgh) June 21, 2016
They can’t plant trees or keep Guinea fowls but they can run a bank. Right? https://t.co/Q3kN8brgBZ— Ato-Kwamena Dadzie (@atokd) June 21, 2016
SADA’s inability 2 recover misused monies=SADA’s incapability to manage a bank! SADA is a mixed grill of inefficiency @JustNanaAma #CitiCBS— Nafi Chinery (@nafichinery) June 21, 2016
It’s shocking that people who were put in charge of SADA, who understand the people’s struggles, would do this – @JustNanaAma #CitiCBS— Citi 97.3 FM (@Citi973) June 21, 2016
After paying technical service providers millions, SADA is writing off GHC21m loans to farmers because bad weather affected yields. #CitiCBS— Nana Ama Agyemang (@JustNanaAma) June 21, 2016
How a social intervention organisation spends money like a Fortune 500 company will forever beat my mind.#SADA— Pulse Akoto (@eastsportsman) June 21, 2016
