Banks, oil companies under threat over GHc700 million government debt

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Source: www.modernghana.com --- Wednesday, July 10, 2013
Governments consistent failure to pay GH700 million it owes bulk distribution companies BDCs since 2012 is posing a serious threat to the existence of the BDCs and commercial banks that extended credit facilities to the companies.Already, the debt, which came about as a result of under-recoveries in petroleum prices which the government con ... ...

Source: http://www.modernghana.com/news/474131/1/banks-oil-companies-under-threat-over-ghc700-milli.html

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