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Closure of McDan Jet Terminal Part of Revenue Collection Exercise- GACL

The Ghana Airports Company Limited (GACL) clarified that the closure of McDan Aviation’s private jet terminal at Kotoka International Airport (KIA) was not intended to single him out for such treatment.

In a statement issued on December 31, the company said it was part of its routine debt collection exercise, adding that four other indebted companies who operate at the KIA had their businesses also closed down.

It explained that McDan Aviation owes a debt of $3,995,622.66 dating back to 2020 and has failed to honour its obligation despite numerous engagements.

The said amount encompasses $640,232.48 Terminal 1 Rent and Fees; $1,160,827.23 Block Factory, Spintex Road (5.66 acres); $2,168,266.75 Airport Logistics Building, Spintex Road (10.63 acres); $8,140 Courier Enclave (0.59 acres); and $18,156.20 Cargo Village Offices.

It disclosed that the company paid two million Ghana cedis (GHS 2,000,000) on Friday, December 24, 2024, toward settling the outstanding debt.

“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,” the statement noted.

It furthered, “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.”

 

Source: opemsuo.com/Hajara Fuseini

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