Reports from the State Housing Company Limited (SHC) indicate that the new management has transferred almost all top management members to other agencies to herald a new dawn.
According to the information, the Acting Solicitor Secretary and the head of legal, Annette Adutwum has also tendered in her resignation letter, which takes effect from 31st July, 2017.
“I think I have done my bit and it is time to move on so I wish you well,” Ms Adutwum reportedly told some of the staff members recently.
Information gathered indicates that the General Manager (Finance and Administration), Isaac Nai, the Human Resource Manager, Gloria Akuffo and the General Manager (Operations), have all been transferred to institutions such as Architecture and Engineering Services Limited (AESL), among others.
Several other junior and senior staff members have also been transferred almost in the case of musical chairs.
The former Managing Director was said to be deeply involved in some shady deals running into several millions of dollars.
The deals, though the tip of the iceberg among other questionable transactions, involved the sale of four plush mansions at Labone, an affluent district of the capital, Accra, to his cronies at a rate well below the begging price on the housing market.
Investigations revealed that the mansions, valued at about $600,000 each, were sold for about GH¢200,000, to cronies of the top managers of the struggling state housing agency.
The former MD also allegedly masterminded the sale of over an acre of land at the Ring Way Estates to his friend for a meagre GH¢400,000.
According to the source, the former MD reportedly teamed up with some current and former managers to plead with some senior officials at the Works and Housing Ministry to make a comeback to the company, ostensibly to clean his mess.
However, that last-minute move fell flat, as the authorities declined the request.
Some staff members of SHC hailed the move when they got wind of the transfers.
“We are fully behind these transfers and are particularly happy that a forensic audit is going to be conducted into our operations, we think the new administration must know the current status of this company before it can embark on any new project,” a section of the staff said.