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Page 3 - கானா நிறுவனம் ஆஃப் சர்வேயர்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Botched Saglemi housing project: Corruption caused the delay - Asenso-Boakye

Francis Asenso Boakye ece-auto-gen The Minister disclosed that former ministers who played a role in the stalled US$200 million Saglmei Housing project will be prosecuted. Asenso-Boakye speaks on the botched housing project Asenso-Boakye speaking at a news conference in Accra, said a technical audit by the Ghana Institution of Surveyors on the Saglemi Project which initially had an output target of 5000 units at a total cost of US$200million had estimated that additional funds would be required to complete the project. The original output target of the Saglemi project of 5,000 units at a total cost of US$200million as stipulated in the financing agreement presented to, and approved by Parliament had surreptitiously, and drastically, reduced to 1,502, of which 1,389 units had been completed without a commensurate reduction in the overall loan financing. Currently, an amount of approximately, US$197million representing 98

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