Ejisu-Juaben Assembly, Ghana Commercial Bank on collision course over alleged unpaid rent

The Ejisu-Juaben Municipal Assembly is heading on a collision course with the Ghana Commercial Bank (GCB) over alleged unpaid rent.

The assembly has vowed to use every legal means to eject the bank from an office building it is occupying at Ejisu.

This was made known by the Municipal Chief Executive,  Mr Kwaku Yamoah Afrifa Ponko, who briefed the members of the assembly on the tenancy agreement between the two parties.

The agreement, he said, run out as far back as 2003, explaining that the bank has refused to re-negotiate.

Addressing an ordinary meeting of the assembly, Mr Afrifa Ponko, said an attempt by the GCB to buy the property in year 2008 was unsuccessful as the price offer was unacceptable to the assembly.

A highly placed source at the bank, however, discounted the claim and insisted that it has valid tenancy agreement with the assembly.

This would expire at the end of the year.

Additionally, the bank had paid up all the rent due the assembly.

The source said the GCB was amazed by the decision of the assembly, especially, when it had been informed by the body about the increase in the rent from GH¢200.00 to GH¢300.00, effective January 1, 2012.

Source: GNA