The Public Accounts Committee (PAC) has instructed Takoradi Technical University (TTU) to reclaim over GHS70,000 from a staff member who violated a study bond agreement.
The violation pertains to Mr. Bright Oduro, a former employee who went to Canada for further studies under a bonded agreement worth GHS82,000, but did not return to fulfill his service obligation to the institution as mandated.
During the PAC meeting held in Accra on Thursday, November 6, it was revealed that despite the university’s attempts to recover the funds, a significant amount remains outstanding.
Emmanuel Boadi, the Deputy Director of Finance at TTU, informed the Committee that measures were being implemented to recover the funds from both Mr. Oduro and his guarantors.
“We had the bond form signed by the staff member and the guarantors. When he failed to return, we reached out to the guarantors to recover the funds.
“They contacted him, and as of Wednesday [November 5], he had made a payment of GHS6,000. He has committed to paying GHS5,000 every two weeks,” Mr. Boadi clarified.
He further mentioned that the university’s legal counsel was drafting additional correspondence to facilitate recovery, which may include imposing an embargo on the salaries of the guarantors to ensure payment.
In response to the update, PAC Ranking Member Samuel Atta-Mills urged the university to enhance its recovery efforts, emphasizing that the institution must completely recover the funds within 90 days.
“Pursue the guarantors. How they obtain the funds from him is not our concern, but we are giving you 90 days to collect the total amount,” Atta-Mills instructed.
This directive is part of PAC’s wider initiative to ensure adherence to financial accountability standards and the recovery of public funds lost due to breached contracts and unmet obligations.
