Liberia News: LWSC Warns Debtors

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Monrovia-February-26-TNR:The Liberia Water and Sewer Company (LWSC) is going through a big monetary problem as prospects owe the entity a complete of US$7,393,297.48.

This substantial quantity might be utilized to handle the practically US$2 million owed to staff. In response to this dire scenario, Mr. Mohammed Ali, the LWSC Managing Director Designate, has issued a stern warning to all debtors, urging them to promptly settle their excellent balances.

The mounting money owed owed to LWSC have raised considerations concerning the company’s capability to satisfy its monetary obligations, significantly by way of compensating its hardworking staff. Regardless of offering important companies to the group, LWSC is struggling because of the non-payment of payments by its prospects. Mr. Ali emphasised the significance of honoring monetary commitments and highlighted the potential penalties for many who fail to conform.

In a public assertion, Mr. Ali said, “All these owing LWSC, please begin paying your money owed now. We is not going to hesitate to publish your names and take you to courtroom. You complain concerning the entity however don’t wish to pay your payments.” The urgency of the scenario underscores the vital want for immediate motion to handle the excellent money owed and make sure the sustainability of LWSC’s operations.

As LWSC grapples with monetary challenges exacerbated by unpaid payments, the decision for debtors to meet their obligations serves as a vital reminder of the interconnectedness between buyer funds and worker welfare. The decision of those excellent money owed is important for sustaining the steadiness and effectiveness of LWSC’s companies whereas upholding its dedication to each prospects and staff.

Supply: New republic liberia

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