Safeway Group Hot Over Non-Payment Of Funds

Safeway Group signpost at Spintex
Safeway Group, managers of the South Dayi District Assembly Tilapia Project at Abui in the Volta Region, is struggling to pay people who have invested in the Tilapia project.

This came to light when some of the investors angrily stormed their head office of the company off the Spintex Road in Accra to demand their monies, which have been due since January 2014.

The company’s inability to pay millions of cedis owed hundreds of people has resulted in misunderstanding between the stakeholders.

Some of the investors, who spoke to BUSINESS GUIDE in an interview, expressed fear that the management could close down the company.

‘We think the company wants to run away with our money. This is because they have been deceiving us for months,’ they said.

According to them, several attempts to get management to pay their monies have proved futile, stating that the management of the company has even refused to pick their calls.

Williams Amankwah Boahen, one of the investors who spoke to BUSINESS GUIDE, expressed shock at the conduct of the company’s management over the issue, adding that ‘After several promises, they have decided not to pick our calls again.

‘After we realized that the company does not want to give us our money, we reported the case to the police but they told us that it was a civil case so they can’t do anything about it,’ he said.

Amankwah Boahen appealed to government to intervene in the matter to ensure that they get back their monies.

Safeway Responds
In response to the accusations, Richard Swanzy Owusu, Agro Manager of Safeway, admitted that the company had not paid many of the investors.

This, he said, was because of the lack of funds and pleaded with the people to be patient.

Swanzy Owusu told BUISINESS GUIDE that the company has applied for loans to settle the debts, noting that the company was going through some difficulties.

Attempts by the paper to get the Managing Director of the Safeway Group, Jim Forster to comment on the matter proved futile.

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 By Cephas Larbi

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