In Sierra Leone, aftermath of Mayoral Extravagance – City Council Inherits Le10Bn Debt
Freetown City Council (FCC) is reported to have incurred a debt of over Le 10 billion accrued via the extravagance and administrative recklessness of the erstwhile former mayor, Herbert George Williams (in photo).
This information was relayed to Sierra Express by the Chief Administrator of FCC, John Conteh, during a recent interview.
Mr. Conteh noted that the big debt, inherited from the former mayor, has been serving as a serious impediment to the smooth running of the council. He revealed that the huge debt was incurred through bank loans, overdrafts, construction works, provision of goods and services and various other transactions carried out under the administration of the former mayor.
The council, he said, is now having serious headache trying to settle debts owed to banking institutions, contractors and other service providers some of whom are now threatening court action.
The CA stated that while the council is struggling to settle the debt, it is further being financially overburdened by the salary payment of an overloaded staff list legated by the former mayor. He disclosed plans to make redundant some of the old and unproductive workers that keep proliferating the council.
By Alford Dillet
Stay with Sierra Express Media, for your trusted place in news!
© 2013, https:. All rights reserved.