SHC MD allegedly blows Ghc36k on phone bills

General News of Saturday, 24 January 2015


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Managing Director of the State Housing Company Dr Mark Nii Akwei Ankrah has been accused of spending about Ghc36,000 on phone bills alone.

Dr Ankrah who was recently sacked by the Government for financial malfeasance is being investigated by the Government.

His dismissal followed a petition made to the Ministry of Water Resources works and Housing by staff of the Company.

The Board of the Company has also been over Dr Ankrah’s management style.

A committee has subsequently been established to investigate the charges which have been leveled against the now dismissed head of the state housing agency.

Building houses and flats for the people of Ghana is the main preoccupation of the State Housing Company Limited. It has been doing so since its inception in 1956 when it was called Gold Coast Housing Corporation and operated as the main housing development agency of the Government.

In July 1995, the State Housing Corporation was converted to a limited liability company and now operates as a fully-fledged commercial enterprise.

According to its website, the Company has, over the years, “achieved impressive landmarks in the real estate industry by providing affordable and quality housing estates. We have an enviable reputation for being the only real estate developer operating all over the country.”

The site said: “State Housing Company Limited is committed to the objective of nationwide profitable and housing agency, which makes housing easily accessible to institutions and individual Ghanaians at home and abroad.

“It is Ghana’s leading land developer and operates in a manner that contributes directly to the orderly and efficient development of the country’s housing sector. This is effectively achieved through our reorganised operational structure which groups the regions into five zones. Head Office, Eastern, Western, Ashanti and Northern.”