Africa-Press – Gambia. The Public Enterprise Committee (PEC) report of the year 2019 and 2020 reveal that the ex-staff of Gambia Printing and Publishing Corporation (GPPC) have a loan of over three hundred thousand dalasis that is not being followed up for payment.
The chairperson of the PEC committee, Lamin L. Sanneh,noted that some former employees are having an outstanding loan balance with the corporation and no payments were made during the years.
Ex-staff with outstanding loan as the report stated are:Ebrima Dondeh with an outstanding loan of D2.000.00, FatouCamara with an outstanding loan of D1.800.00, MamadiDampha an outstanding loan of D31.147.36, Lamin Jallow an outstanding loan of D29.999.67, Muctar Darboe an outstanding loan of D25.233.34, Modou Jallow an outstanding loan of D191.704.74, Fatoumata Jallow an outstanding loan of D7, 059.72 and Baboucarr Manneh also with an outstanding loan of D28.888.88.
The Committee recommends that the board should ensurethese loans are followed, recovered, and furnishes the committee with evidence of follow-ups by management and repayments by those servicing their outstanding loan balances.
The Committee further recommends to management to resort to enforcing collateral and personal guarantees for those in default.
The Committee also recommends for the board to put in place a Receivable Management Policy in place to help ensure recovery of receivables on time and to make provisions for those that are irrecoverable.
For More News And Analysis About Gambia Follow Africa-Press
