Samuel Okudzeto Ablakwa, Chairman of Operation Recover All Loot (ORAL), has urged the Ghana Airports Company Limited (GACL) to intensify efforts to recover debts owed by several companies operating at Kotoka International Airport, including Frontiers, CIP, and Heaven Builders. In a Facebook post, the North Tongu Member of Parliament highlighted the need for GACL to take action before January 7, 2025.

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"It’s refreshing to see some smart outgoing public officials suddenly smell the coffee and begin the implementation of President Mahama’s Operation-Recover-All-Loot even before January 7, 2025. The power of change!" Ablakwa wrote, before adding, "Apart from MacDan, the management of GACL should recover all others from Frontiers, CIP, Heaven Builders & the putrefying Car Park deals.

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"This comes amid the ongoing debt recovery efforts by GACL, which has provided a breakdown of the debts owed by McDan Company Limited. According to a GACL statement, McDan owes a total of $3,995,622.66 and GHS 13,523.37, spanning various categories. Additionally, McDan is required to remit 15% of its gross revenue from operations between September 1, 2022, and November 30, 2024, to GACL.

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GACL also confirmed receiving a partial payment of GH¢2,000,000 from McDan on December 24, 2024. However, this payment falls far short of the total amount owed. The company had previously proposed payment plans in 2020, which were not honored, leading GACL to demand full settlement of all arrears.The statement also addressed claims from McDan regarding land acquired from GACL.

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Despite ongoing litigation cited by McDan as the reason for withholding payments, the company has developed commercial buildings on the lands and continues to earn rental income without paying ground rent.As part of its routine debt recovery efforts, GACL revealed that in addition to McDan, four other companies operating at Kotoka International Airport had faced closures for failing to settle their debts.

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GACL's management reaffirmed its commitment to pursuing all outstanding payments: "We will continue to pursue all debts as we have always done throughout the years to retrieve monies owed to GACL.”The closure of McDan Aviation's private jet terminal at Kotoka International Airport over the weekend added fuel to the controversy.

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McDan described the closure as being made in bad faith, noting that it was actively engaging in discussions and making efforts to settle its debts. The company expressed concern over the financial implications of the closure for both parties, calling for further negotiations to ensure the sustainability of the business.

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