Ms Ofori-Atta said Vodafone suspects organised crime and they would leave no stone unturned to bring the culprits to justice.’ She also urged the public to assist the company to curb the crime, saying that the most important people in the battle were members of the various communities. “A lot of these incidents occur in broad daylight or at very odd hours in the night and we need anyone who sees anything they feel is suspicious to call the Police on 18555 or call 155 on their Vodafone line to speak to a member of our security department 24/7,” she urged. She said Vodafone has had great co-operation from members of the public in the past and they need more of that to win the anti-cable theft fight, adding that there could be rewards for such assistance. “In the last quarter of 2012, four members of the public were rewarded for providing information which led to the arrest and prosecution of cable thieves in the Tema and Mile 7 area,” she said. Vodafone is the second largest telco in Ghana subscriber, and the leading fixed voice and broadband service provider in the country.
The Social Security and National Insurance Trust (SSNIT), the majority shareholder of the beleaguered Intercity STC Company Limited, has paid an estimated GH¢23million to the latter’s creditors and suppliers, the B&FT reported. The payment has drastically reduced the debt-stock of the transport company, which stood at GH¢45million as at October 2012. A sum of GH¢7.5million was paid to Prudential Bank to cancel out STC’s indebtedness to the bank. It would be recalled that STC in 2005 took a loan facility of US$3.8million from Prudential Bank, at a 12 percent interest rate, for the purchase of 45 Faw buses. SSNIT also paid GH¢5.1million to the National Investment Bank (NIB); GH¢554,000 to Agricultural Development Bank (ADB); GH¢1.7million to businessman Mr. Svani; and settled the six-month outstanding salaries of STC staff, which stood at GH¢1,660,000. Part of the settlement also went to J.A. Plant Pool. “GH¢1,940,000 was paid to them plus an additional...