
PETITION AGAINST 35,000 FACE OF GIJ LOAN


The Movement for Accountability on Campus (MOFAC) has learnt, with grief, the clandestine move by the Executive Committee of the SRC to secure a Ghc35, 000 commercial loan to pre-finance the organization of next year's Face of GIJ pageant.
This decision, we believe, is not in the best interest of students. This is because there are no assurances on how and when the loan would be paid. There is also very little information about the interest rate, collateral and other important factors that go into securing a loan.
It is our belief that failure to pay this loan would mean that subsequent SRC administrations would be saddled with debts. This will have crippling consequences on their operations.
In order to prevent the Executive Committee from going ahead with this ill-conceived agreement, we urge the entire student body to make their voices heard by endorsing a 1,000-signatories petition calling on the Executive Committee to cease its intentions forthwith.
This is the time when the Student Body needs to make its voice heard in decision making. We must not sit aloof and watch things go wrong.
Why should a handful of students impose a decision on us when most of us are against it?
Let's take a stand against incompetence. Let's stand with good governance.
Signed
Salia Muawiah
Convener, MOFAC
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