GOVERNMENT has frittered away ?800m in bailing out the debt-ridden National Hajj Board from its financial problems in the face of mounting pressure from its creditor, GhanaAir, to settle the outstanding debt of $160,100 (?1.4b). The National Hajj Board, a quasi- state institution whose role is to supervise the trips of Ghanaian pilgrims to Hajj has been in default for over five months and has shrugged off numerous requests from the management of the airline to settle the debt.
Source: GhanaWeb