Glo Mobile Ghana Loose Properties in Ghana Over Unpaid Debt
ACCRA/Ghana: The mobile giant, Glo Mobile Ghana Ltd had run into trouble as a court in in thye country had given judgement in favour of Dammac Engineering Co. Ltd.
According to reports, Financial Division of the High Court in Accra have seized vehicles and assets of Glo Mobile Ghana Ltd, as Bailiffs were seen executing judgment in favour of one of Glo Mobile contractors, DAMMAC ENGINEERING CO. LTD.
According to Thegistday, DAMMAC ENGINEERING had sued GLO MOBILE GHANA Ltd for monies owed to it since 2017 in respect of maintenance services provided by the contractor.
GLO MOBILE Ltd. admitted part of the debt which together with interest stood at GHC3,522,088.50 but pleaded to be allowed to pay the debt by installment but defaulted after two installments in May and June 2020.
It was gathered that the Court bailiffs will be going back to GLO MOBILE Ltd. yard at Kaneshie Industrial Area with technicians to dismantle Glo’s air-conditioners, equipment, and mast which is likely to shut down signals and operations.
