The Combined Kejetia Traders Association has vehemently refuted claims made by the Managing Director of the Kejetia market, Kofi Duffour, that they refused to pay for the renewal of the market’s insurance cover.
According to the association, its members have paid for approximately 18 months, but management failed to renew the insurance policy after it expired in November 2020.
Kofi Duffour had asserted that the inability to renew the premium was due to the traders’ refusal to pay.
However, the traders countered this claim, stating that over 9,600 members contributed GHS 6.70 each to facilitate the renewal during that period, yet the renewal was never completed.
As a result, the Kejetia market has been without insurance coverage since November 8, 2020.
In March 2023, a portion of the market was damaged by fire, but due to management’s failure to renew the policy, they were unable to reclaim the proceeds needed to repair the affected section.
Speaking on the Orange Sunrise, Reuben Ameh, Secretary of the association, noted that no trader would pay for the premium again unless management accounts for the funds that were previously collected.
“I can state with authority that we will not pay a dime. You’ve taken money from us for a specific purpose and failed to use it for that purpose and you still expect us to pay. If you don’t account for that money, I’m sorry, but we will not pay,” he told host Alfa Ali.