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Reading: McDan Aviation owes us $3.9m – GACL
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McDan Aviation owes us $3.9m – GACL

Isaac Dzidzoamenu By Isaac Dzidzoamenu Published December 31, 2024
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The Ghana Airport Company Limited (GACL) says McDan Aviation owes them an amount of $3.9 million.

This comes on the back of McDan Aviation denying that they do not owe the Ghana Airport Company Limited $3.9 million.

According to the Private air charter service provider, claims that it owes a whopping $3 million debt to the GACL are false.

“We don’t owe Ghana Airport Company Limited $3 million.

“It is regrettable that Ghana Airport Company Limited has chosen this line of action, particularly when the matters at hand are not interconnected,” McDan stated.

However, in a statement dated December 31, 2024, GACL disclosed that McDan Company Limited paid two million Ghana cedis on Friday, December 24, 2024, out of the outstanding debt of over three million dollars.    

“Additionally, McDan is required to pay GACL a 15% share of the gross revenue as monthly revenue returns covering the period September 1, 2022, to November 30, 2024, which is also outstanding.

“For the record, McDan Company Limited paid two million Ghana cedis (GHS2,000,000) on Friday, December 24, 2024, out of the outstanding three million nine hundred and ninety-five, six hundred and twenty-two US dollars, sixty-six cents ($3, 995,622.66) and thirteen thousand five hundred and twenty-three cedis thirty-seven pesewas (GHS13,523.37) owed GACL.

“It is also worthy to note that while McDan intimates that some of the lands acquired from Ghana Airports Company Limited as far back as 2015 are under litigation and therefore is requesting GACL to hold on with the collection of payments, McDan Company Limited has developed same lands with commercial buildings situated on it and benefiting from rental proceeds on the built properties without paying ground rent to GACL.

“Prior suggested payment plans from McDan Company Limited which was presented as far back as 2020 defaulted, therefore it is our position to demand full payment of monies owed.”

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