Company takes Catholic University’s SRC to court over GHC140,000 debt

- The Catholic University College has been ordered by a court to pay its debt to Rashkon Company Limited

- This was after the company has supplied 300 pieces of tablets to the university worth over GHC200,000

- The university paid part of the debt and has since then defaulted with regard to the balance

The Students’ Representative Council (SRC) of the Catholic University College (CUC) has been ordered by the Sunyani Commercial Court to settle its indebtedness to Rashkon Company Limited (RCL).

According to a report by MyNewsGH.com, the court has further ordered that their accounts with the Sunyani branch of the GCB Bank be garnished in order to offset the debt.

Per the facts of the case, RCL supplied a total of 300 customized pieces of tablets to the university worth over GH¢200,000 in July 2016, through its SRC.

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Part payments of the stated amount was made but authorities have since refused to make further payments for about close to two years now.

This has led to RCL heading to court and securing judgement in its favour.

This follows the failure by both parties to reach an amicable out of court settlement under the supervision of Justice Ananda J Aikins (Mrs) on July 25, 2018, where the plaintiff agreed to accept GH¢151.250.00 as full settlement of its claim against the 2nd defendant, and whereas the plaintiff also waived interest on the above amount.

Meanwhile, upon securing a court order to garnishee the account of the SRC, checks by RCL revealed that only GH¢9,500 was retrieved from the stated account.

This gave room for suspicion of the true state of the account and inquires as to whether transfers of students dues of the Catholic University were moved into the said account by the university or not.

The mystery still lingers on as the student leadership is said to be at war with authorities of the school to release SRC dues for them in order to offset the debt before they are cited for contempt.

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Source: YEN.com.gh