TDC invites EOCO to probe procurement breaches
Management of TDC Ghana Ltd has written to the Economic and Organised Crime Office (EOCO) to investigate a number of alleged procurement breaches and financial malfeasance by the previous management.
This includes a $1 million IT solution the company is said to have paid for but which was never delivered.
The Managing Director of TDC Company Ltd, Courage Nunekpeku, disclosed this at his maiden engagement with the staff last Friday.
Mr Nunekpeku revealed that in addition to the procurement breaches, all lands belonging to TDC, including reservations and TDC union lands, had been sold out.
"We are looking into some IT contracts that we have awarded. We cannot pay $1 million and I don't have access to that document or that software.
So, EOCO will intervene to see what went wrong," he said.
"Apart from that one, I have also written another letter to EOCO concerning another issue. That one I won't disclose it for now.
They will also come in and do some investigations.
We will be embarking on a lot of investigations into land issues," he said.
Audit
Addressing the staff durbar, the new MD said since assuming office, he had conducted an audit of TDC's property, and the findings showed that the company's lands had all been sold out to individuals and non-existent companies without following due process.
In some cases, he said, land reservations in Tema, including those belonging to the TDC Union, had been sold.
These revelations, he explained, prompted an invitation to EOCO to begin investigations into the books of TDC.
He urged management and staff of the company to support and work hard to reset the company to enable TDC Ghana to perform its original function.
Vision
Mr Nunekpeku said the Site 3 infilling project in Tema Community One would be expanded and replicated in other areas.
He said he would work to transform the TDC Clubhouse, which had been abandoned for many years, into a modern hotel with recreational amenities to serve as an income generating venture for the company.
He disclosed that already, a meeting had been held with some engineers, architects and quantity surveyors, with architectural drawings in place, with the intention to raise the clubhouse into a modern hotel.
Mr Nunekpeku said his administration would resume work on all the 100-flat blocks currently suspended at the Kpone Affordable Housing site, adding that the project would create an additional space for 132 new homes.
He said a lot of investors had showed interest in investing in the project, adding that management would engage the union to see how best they could engage the investors to partner TDC to put up high-rise buildings to meet the accommodation needs of the population.
History
Established in 1952 by an Act of Parliament, Tema Development Corporation (TDC) — as it was then known — had the sole responsibility to plan and develop about 63 square miles of public lands, and also manage the township that had been created to provide accommodation for the public, as well as to those engaged in economic operations.
TDC was given a 125-year lease term to manage this land area known as the Tema Acquisition Area.
In 2017, TDC Ghana Ltd was converted into a Limited Liability Company with enhanced mandate to expand its operational and geographical scope beyond the Tema Acquisition Area.
