The Chief Executive Officer (CEO) of the Savannah Accelerated Authority (SADA) Mr. Charles Abugri has revealed that the authority does not owe anyone and therefore cannot be liable to any debt it incurred during its operations.

Even though he admits the seed capital given to the authority by government has depleted, he indicated that it was as a result of loans extended to farmers within the SADA ecological zone as part of its input support programme.

“SADA does not owe anyone. It is rather service providers and smallholder farmers who owe us. It has not borrowed money from anyone and therefore has not incurred any loss”, he told Lantam Papanko on the Ultimate Breakfast Show.

According to him, the authority is constraint with retrieving monies it loaned to smallholder farmers numbering up to 20,000 because of the large numbers involved.

“Now you tell me, where can you mobilise 20,000 smallholder farmers and take them to court?” he asked.

He disclosed that it was to avert a recurrence, SADA is seeking to open its bank and requested government to give the green light to understudy a proposal it gave it last year to do a savanna investment plan.

“SADA has not requested government to give it the green light to establish a bank, it rather requested government to give green light to understudy a proposal it gave it last year to do a savanna investment plan”, he said.