Court freezes account of Catholic University SRC over GHC 140k debt

A Sunyani-based Commercial Court, presided over by Justice Ananda J. Aikins, has ordered the freezing of a account at the GCB Bank Sunyani Main Branch belonging to the Students Representative Council (SRC) of the Catholic University College of Ghana at Fiapre over a GHC 141,000 debt they owe Rashkon Company Limited.

Per facts of the case, Rashkon supplied a total of 300 customized tablets worth over GH¢200,000 in July 2016 to the school through the SRC.

The school made part payment, but has, for almost two years now, refused to make any further payments, causing the supplier to sue both the school and SRC, and obtained an order to ganishee the account of the SRC.

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An out of court settlement was reached under the supervision of Justice Ananda J Aikins (Mrs) on July 25, 2018 where the plaintiff agreed to accept GH¢151,250 as full settlement of its claim against the 2nd defendant (SRC), waving any interest on the amount.

Meanwhile, checks by Rashkon Company Limited revealed that only GH¢9,500 was in the ganisheed account, so there is a debt of over GHC140,000 to be paid.

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The situation is now making students question school authorities over why the SRC account has only GHC9,500 and what has happened to their SRC dues that the school collects regularly.

The SRC leadership are therefore on the neck of the school authorities to, with immediate effect, release their SRC dues into their ganisheed account to to offset the debt before they are cited for contempt.

Below is the statement from the court