Regent University’s properties up for auction over GH¢9m debt

REGENT UNIVERSITY COLLEGE OF SCIENCE AND TECHNOLOGY

Announcement Local News

OFFICE OF THE REGISTRAR
PRESS NOTICE TO ALL

We have taken notice of publications circulating online and in the news media
regarding the seizure and auction of some assets of Regent University College
of Science and Technology (RUCST).
Certainly, we have some financial obligations towards Obokom Civil
Engineering Works Limited in respect of one of the buildings of the
Institution. The company and its owner, Nana Obokomata IX has secured a
court order against the property, but we are still in discussion with the
company and its owner and we expect an amicable settlement soon.
Secondly, the report that RUCST has been auctioned is incorrect. We wish to
assure all students, staff and other stakeholders that arrangements are in place
to successfully end the semester by June 30th, 2020. The current matter does
not interfere in any way with the academic functioning of the University.
Please, stay calm, and rest assured that everything will be resolved shortly.
Benjamin Zogbator
Ag. Registrar
May 14, 2020

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