President and Chairman of Groupe Nduom (GN), Dr. Papa Kwesi Nduom, has released a list of companies and individuals indebted to his investment firm, Gold Coast Fund Management (GCFM).
This is the latest move by the troubled businessman as part of a court process to secure investment funds and pay aggrieved customers their locked-up investments
The list includes construction companies and top firms in different sectors of the economy.
Senior High Schools such as O’Reilly have been also captured in the list with a debt of over GHc3.5 million.
In all over 4200 companies, secondary schools, individuals, pastors, and other professionals are indebted to Goldcoast Fund Management (GCFM) to the tune of over GH₵423 million.
See the full list below:
Appendix C: Infrastructure Projects Financed by GCFM & Other Placements – Amounts Owed
COMPANY BALANCE (AMOUNT OWED) GHS
- A-Zak Co Ltd 1,794,659.97
A.R.A Company Ltd 3,723,127.48 A.S. Bashit Ent. 2,300,794.52 A.S. Pelpuo Ltd 2,514,809.04 Aba-Mole 3,189,413.75 Abass & Abass 1,033,023.31 Abdal Co. Ltd 4,481,725.92 Abdulai Associates Ltd 5,299,838.12 Abraham Turning Point(Presby) 1,647,426.67 Abraham Turning Point(SDA) 1,645,309.15 Abu Hamid Ltd. 2,399,436.62 Adin-Puya Ent(Saboba) 2,610,704.33 Adin-Puya Ent-Ahamadiya 2,211,455.77 Adin-Puya Ent-Tamale 2,717,501.02 Adin-Puya Ent.UDS 1,780,862.17 Adu Anane (2) 138,357.32 Adu Anane (3) 31,097.64 Adu Anane (4) 564.14 Affable 6,487,930.42 Affable Cocoa Rd. Hohoe. 6,073,315.08 African Global Pharma 1,624,848.76 Agu Resources 22,315,057.24 Agyakot (Effiduase) 9,413,512.45 AGYAKOT(Jamasi Apaa Yonso) 15,126,682.02 AGYAKOT(Mosuko-Taifa) 10,560,550.75 AGYAKOT(Pillar 2) 7,379,040.94 AKANSON LTD 2,416,884.66 ALT CONST. Ltd(Asikuma) 2,184,909.56 ALT CONST. Ltd(Brema) 1,134,514.85 ALT CONST. Ltd(new) 804,163.20 ANAFO CONSTRUCTION(T’DI) 105,054.68 Ariyan 3,390,532.08 ASA INITIATIVE(New Account) 7,509,070.05 ASA INITIATIVE(Old Account) 8,447,733.13 ASABEA ENGINEERING (Drabonso) 20,173,282.00 Asabea (Emergency) 10,280,194.91 Asabea (Takoradi) 24,881,939.45 ASABEA ENGINEERING(AFD Project) 21,913,299.09 ASABEA ENGINEERING(MAMPONG) 70,460,376.72 Asabea Prestea Bogosu 21,306,116.52 Asirop (New) 1,835,971.20 ASSET MANAGEMENT(GCSL) 1,574,104.25 ASTEE Co Ltd(School of deaf) 2,843,333.77 ASUO ABENA Ltd 3,165,335.15 - The following table presents company portfolio amounts of infrastructure projects pre-financed by GCFM.
- AVO-Crete 811,347.83
AYOUNI Co.Ltd 4,105,427.43 B-MOLIE(ROAD) 15,700,174.08 B-MOLIE(School) 6,975,640.35 B.K.Nsiah 2,496,920.53 B.K.Nsiah (Cocoa Road) 3,918,440.85 Ba-Iseng Ltd. Accra 3,058,399.32 Baccs Enterprise 1,244,221.84 Bacon B 3,497,834.95 Bag-Ways Ltd. Accra 3,239,919.81 Bambert Const. Ltd.(Adjei Kojo) 1,790,037.37 Ben Tota Co. Ltd Accra 2,181,615.40 Benghazy Devt Co. Ltd 2,362,660.39 Beyond Natural- Xipe 2,829,586.09 Beyond Natural-Twifo Praso 3,191,615.96 BLK LTD. 43,079,816.51 Bo-Const. (Assin Building) 787,588.07 Bo-Const. CapeCoast (Sempa Rd.) 431,354.91 Bo-Const.(Assin Adianon) 1,148,464.13 Bo-Const.(new) 1,550,526.46 Boatway (Cocoa) 2,198,737.57 BOF Co. Ltd(Classroom) 1,822,558.48 BOF Co. Ltd(Teacher Quarters) 1,822,558.48 Bojabi Work Ltd 1,523,272.28 Bokan Ltd. 21,964,140.61 Bonaaba Construction 6,030,891.48 Both Side Company Ltd. 3,109,108.40 Bridalu Ltd 4,016,895.28 Britnata 6,461,848.68 Broadreach 395,803.57 Builder’s Consult 1,497,629.67 Bukari Hamidu (26th July) 3,339,819.88 Buwuah Ltd. 2,209,297.97 Canary Contract Works(1st Pr.)1 857,574.17 Canary Contract Works(Aowin) 10,237,548.49 Canary ContractWorks(discount) 311,602.23 Canary ContractWorks(Pomaakrom) 5,322,207.79 Cheabu Ltd. 3,157,652.46 ChefTech Ltd 1,056,181.73 Core Const. (Consolidated) 171,770,219.33 Cotopaxi 3,423,113.78 CTM Company 2,289,768.33 D A Electrical & Construction 3,177,720.44 D.K Prisam Ltd_Adzentem 3,131,476.81 D.K Prisam Ltd_Otwitire 2,304,796.72 Dalcon Co. Ltd. 1,323,292.54 Damoah Ent Ltd 4,516,813.41 Danbot Ltd 66,972.35 Danbot Ltd(Amanfrom SHS) 2,152,909.39 Danbot O’Rielly SHS 3,590,637.80 Danji Co. Ltd 2,545,412.16 Dbeniako 5,608,032.94 Deltafa Ltd(Acc 2) 1,657,260.96 Deltafa(Bowiri) 2,044,195.03 Deltafa(Nyagbo) 2,276,625.05 Deltrex 6,814,276.10 Denvella Co Ltd 2,511,467.66 Dominion Concept(Tongor) 2,944,478.36 Dominion Concepts(Avatime SHSS) 4,698,445.18 Dominion Concepts(Sakode STHS) 2,703,669.17 Dominion Concepts(st Francis C) 1,942,237.89 Dongobe Const 1,118,080.31 Dongobe Const_Dambai 1,511,394.48 Duamkpo Ltd 2,601,867.03 E.O Donkor Ventures 567,235.54 EEMC 239,322.79 EFFMAN CO. LTD. 329,673.95 Efua Affeiduwa 236,321.83 EL QUD 396,736.42 Emmahall 23,981,518.62 Equipman 735,444.86 Esth Pee Ventures(Jinijini) 4,922,045.22 EsthPee Ventures(Brekum) 2,872,518.34 EsthPee Ventures(N’EdubiaseSHS 4,981,420.56 Eufran 2,002,944.98 Evan Empire 1,852,340.29 Evensolomon Enthnic Homes 45,462,117.51 Ewudzi Venture (Twifo Praso) 928,879.90 Ewudzi Venture_Tarkwa 979,694.77 F B Telmax 3,084,311.91 F.A Elluem 1,505,521.18 Fair Vision Ventures-Agogo 1,079,148.52 Fair Vision Ventures-Akomadan 1,125,582.77 Faith Mother Care 3,514,964.35 Faruma 552,697.51 Faruma(Presby) 3,506,136.42 Fekams Co. Ltd (2) 14,028,134.21 Florida City 2,857,625.99 Forsmuel Ltd. Wa 1,848,807.06 Frankad Co. Ltd 3,003,551.73 Freedom Builders(Mpraeso) 3,862,607.11 Freedom Fields Co. Ltd 6,770,690.67 Friday Forever(Cashew) 2,368,940.34 Gbagory Ltd 2,634,832.63 GereFosco Ltd 1,351,628.06 Ghana Leasing 1 1,128,230.87 Ghana Leasing 2 642,600.76 Gluck Fides 2,920,689.75 Goruco 3,212,098.12 Goyondodo Co. Ltd. 1,739,774.49 GPRTU.VOLTA 13,795,394.87 Gudmann Inter Ltd. 2,493,521.29 Gutsy Co. Ltd Tafo 3,124,132.32 Gutsy Co. Ltd-Drains 1,054,876.41 Gutsy Co.Ltd 3,028,205.14 Gutsy Co.Ltd Gyenase 3,124,132.32 Hafiscco Ghana Ltd 2,612,166.50 Hamzebel Co. Ltd 3,685,737.21 HolyLand Builders 5,311,099.33 HOSS LTD 23,186.52 I.M Max Ent 1,436,559.45 Icon construction(SupplyBeds) 3,915,510.21 Icons Construction 1,970,686.11 International Est.& Cont. Ltd 2,483,567.85 Ishak Dapila(ATOBEASE) 3,026,804.18 Ishak Dapila(Daboase) 276,073.58 Ishak Dapila(Timu Tizea) 4,162,792.98 Ishak Dapila_Saint Ambrose 4,785,421.46 Issmu Enterprise 7,763,629.21 Jadafco 940,887.19 Jaik Ventures 2,115,823.07 Jephi Ltd 1,842,241.66 Jephi ltd Peki SHS 3,130,846.55 Jeslord 1,745,295.39 Jewuu Const.(Effiduase) 10,353,788.15 Jita Credit Union 281,457.90 Johnnabs Ent.Ltd-New 11,052.72 Jonokie (new) 994,607.95 Juli-Jay 5,148,302.99 Junior Bagaya 1,799,577.46 Juskess(Ajumako RC JSS) 1,686,882.69 Kambol Simms Sch.Project 4,548,639.92 Kambol_Furniture 2,797,483.46 Katoii Co. Ltd. 194,689.09 KENCO 3,200,516.16 Kilu A.A Venture(Kasena nankan) 2,563,535.96 Kindred Ghana 186,140.01 Kings Furniture Works 55,052.70 Kizben 3,902,431.71 Kizo Construction Anyako2 6,162,804.05 Kobigrand Ltd 1,519,882.22 Komalco Ventures 4,092,720.23 Kpodick Ent-Kojonya 1,148,276.75 Kpodick Ent-Nuaso 989,449.78 Kufkat Ent Ltd 584,973.93 Kumsark Estate 13,637,771.32 Kwagyeb 4,323,364.82 Lar-Tan Co Ltd.-Besease 5,856,611.50 Lar-Tan Co Ltd.-Otuam 14,739,177.30 Limerica Gh Ltd 1,986,138.68 Limerica Gh Ltd(Classrooms) 5,681,173.09 Limerica(MOFA) 8,338,219.23 Logistic Support 636,600.42 Lor Construction 4,529,233.40 Lucky Warabeba Ltd 2,290,629.17 Lucky WarabebaLtd(AbekaAsokwa) 2,006,892.95 M. Afful 6,099,665.69 M. Isumail Gh Ltd 2,066,300.72 M. Kwabena Ent (2) 1,659,710.80 Mabperry Co Jasikan 601,706.62 Mabperry Co Ltd-Agotimey 1,507,081.51 Mabperry Co Ltd-Akroso 2,682,646.05 Mabperry Co Ltd-Lolobi 1,336,654.54 Mabperry( Avedome)six unit 168,789.72 Mac-Ismael C 1,251,817.30 Macoby Co. Ltd._Dorm.(Efutu) 11,886,010.94 Madara Ltd. 28,366,567.65 Magsags(KVIP) 562,599.32 Makeen Ent Ltd. 3,133,521.50 Mallam Issa Ishaku &Bro Ltd 5,783,827.88 Maripoma Ent Ltd UNDP Flats 78,680,235.39 Maripoma Ent Ltd-(Redevelop.) 42,566,567.34 Maripoma Ent Ltd-Food &Drugs 704,221.08 Maripoma Ent Ltd-Road 1,658,534.20 Marydon Ltd 2,580,710.35 Marydon Ltd-Drains 846,159.06 Max-Aban (Akwatia) 1,184,835.50 Max-Aban atweapease 1,409,549.10 Max-Aban Ltd Peki Project 6,393,023.71 Max-Aban Road 4,819,856.57 Max-Aban(Mount Mary) 3,585,138.99 Max-aban-Peki Technical 14,692,033.68 Meltiba Ent Ltd 2,444,431.85 Meltiba Ent Ltd-Suyani Prot 198,740.44 Metro EcG Poles 2,036,946.38 Metro Prop Holding(Abijan) 1,417,780.38 Mill Sarfo (Tarkwa) 11,459,744.29 Mill Sarfo Co Ltd(Akontombra) 12,688,234.62 Mill Sarfo Ltd(CEDECOM) 487,020.22 Mill Sarfo(Abura Dunkwa) 8,436,787.69 Mill Sarfo(Prestea) 8,244,771.32 Miracle Plus 2,736,844.29 Modern times Ltd 2,030,006.24 Nanapak (Ledzkuku) 3,125,024.37 Nanapak (Supply 1) 460,875.88 Nanapak Ltd Wasa 2,677,126.75 Natoku Co Ltd 3,000,289.36 Nejams_Building 423,885.47 Nejams_Road 94,899.30 New Age Star 2,011,899.65 New Josam Const Ltd 605,373.15 Ninieda &Ninieda Ltd 858,835.08 Northlane (Drainage) 1,780,723.84 Northlane (Drainage) (2) 512,680.66 Obaakwaa Ent. 325,971.20 ODB Construction 4,233,351.25 Ofive Co Ltd 3,501,160.71 Oku Fall-Furniture 3,382,529.75 Oku Falls (Road) 3,020,228.45 Oku Falls Ent-Kwahu Tafo 6,817,712.72 Osekwap Ltd 576,895.82 Osekwap Ltd(Sceptic) 5,518,848.74 Osfams Ltd 3,092,571.94 Panric Hostel Ltd- Bunk Beds 1,432,253.28 Panric Hostel Ltd- Dual Desk 2,343,134.78 Panric Hostels 7,273,792.12 Panric Hostel_ Akontombra & Aku 6,326,813.87 Papenmoh Ltd 1,054,563.89 Park Side Ltd-Cocoa 3,136,107.98 Parmac Integrated Ltd 1,532,934.65 Patboa(Asuase) 860,753.03 Patboa(Bomaa) 6,232,846.84 Patboa(Sekyedumase) 2,406,686.44 Pere Construction 1,614,200.61 Philipduba (Ebirem) 1,503,005.88 Philipduba Co Ltd (Bunso-Anyin) 2,389,328.91 Pido Transport 2,287,353.91 Pleasures Serv. Ltd. 259,172.89 Possible Agencies-Ashongman 11,588,024.25 Possible Agencies-Ejura 6,707,385.44 Possible Agencies-Roads 261,331.29 Power ( A A BAWA ) 280,683.35 Prince Ibrahim 1,707,875.36 R Citizen & Co 1,980,112.74 Rasaad Co Ltd 718,650.08 Regek Ent Ltd 11,498.28 Reggio 41,197,167.91 Reggio (Emergency Project) 4,663,197.61