J.A. Plant Pool rejects AG’s US$2m debt claim
The company, together with its Executive Chairman, Dr Joseph Siaw Agyepong, has described the claim as unfounded and says it will contest the action in court.
J.A. Plant Pool GH Limited says it does not owe the Government of Ghana US$2 million under the District Road Improvement Programme contract, contrary to claims contained in a lawsuit filed by the Attorney-General.
The company, together with its Executive Chairman, Dr Joseph Siaw Agyepong, has described the claim as unfounded and says it will contest the action in court.
In a statement issued in Accra, J.A. Plant Pool said it became aware that the Attorney-General had filed a suit seeking to recover the amount allegedly due from the company.
But the company insisted that neither it nor Dr Siaw Agyepong is indebted to the government or any state agency in relation to the contract.
According to J.A. Plant Pool, the agreement was signed on February 12, 2024, after the Public Procurement Authority had approved the procurement of equipment and machinery for the DRIP initiative on January 10, 2024.
The approved contract sum was US$178.7 million.
The company said the figure approved by the PPA was the same amount captured in the final contract.
It further stated that all machinery and equipment under the agreement had been supplied to the government.
J.A. Plant Pool also maintained that all payments made under the contract were done strictly in line with the agreed terms.
“The contract has since been fully performed with J.A. Plant Pool duly supplying all machines and equipment to the Government of Ghana,” the statement said.
It added that all required payments had been made in accordance with the contract.
The company also raised concern about media reports on the lawsuit, saying details of the case had been widely published before the company and its Executive Chairman had been formally served.
It said the publicity had affected the reputation of J.A. Plant Pool, the Jospong Group of Companies, and their local and international business partners.
J.A. Plant Pool described the Attorney-General’s action as being brought in bad faith.
It said its lawyers had been instructed to challenge the claim and seek its dismissal.
The company urged the public to disregard suggestions of wrongdoing arising from the suit.
It also reaffirmed its commitment to lawful conduct, transparency, accountability and constructive engagement with stakeholders, including the Government of Ghana.
