You are here: HomeNews2002 12 21Article 30928

General News of Saturday, 21 December 2002

Source: The Spectator

SSNIT seals off over forty establishments

The Social Security and National Insurance Trust (SSNIT) on Friday started sealing off about 43 industrial establishments in the Kumasi Metropolis for defaulting in the payment of the social security contributions of their workers to the tune of about ?1.1bn. The amount represents outstanding arrears from June 1998 to December 2000.

C.V. Wood-Ackom, senior prosecutor of the Asafo District Office of SSNIT at Koforidua told The Ghanaian Times that the exercise followed a judgement debt given by a Kumasi Magistrate’s Court against the defaulting establishments.

He explained that under the judgement debt, SSNIT would seal off the defaulting establishments for a period of 21 days after which they would be auctioned if the arrears were not settled.

Wood-Ackom stated that “By this exercise, SSNIT is sending signals to all defaulting establishments to sit up with the payment of the social security contributions of their workers or fall into the dragnet.”