State Housing Company Limited (SHC) has engaged AYNOK Holdings Limited to support its nationwide land audit and asset recovery exercise, as the company moves to strengthen control over its property portfolio and protect the public against unauthorised land transactions.
The company has also cautioned prospective buyers, developers and tenants against dealing with individuals who claim ownership of SHC lands or present themselves as authorised agents without the company’s written approval.
Announcing the arrangement at a press conference today, the Deputy Managing Director of SHC, Samuel Atukwei Quaye, Esq., said AYNOK Holdings Limited had been appointed to provide operational support for the recovery exercise.
He explained that the decision was intended to ensure that the exercise was undertaken with the necessary speed, professionalism and rigour.
“To carry out this exercise with the speed, rigour and professionalism it demands, SHC has engaged AYNOK HOLDINGS LIMITED as its asset recovery partner,” he announced.
According to him, the company will support field operations and recovery activities under the direct authority and supervision of SHC.
Mr Quaye emphasised that the engagement of a private recovery partner did not transfer decision-making authority or responsibility for the exercise to the firm.
“AYNOK HOLDINGS LIMITED works under the authority and direction of SHC. Responsibility for every decision rests with this company, and every action will be carried out within the law and with respect for the rights and dignity of all persons,” he stated.
He assured the public that the recovery exercise would be conducted lawfully, with due regard for the rights of individuals and organisations affected by the process.
The Deputy Managing Director also issued a warning against unauthorised dealings involving SHC properties, urging the public to verify the status of any land before entering into transactions.
“We advise the public not to buy, lease, develop or deal in any SHC land without first verifying its status directly with the company,” he cautioned.
He further advised members of the public to avoid middlemen, informal land agents and individuals claiming to represent SHC without written authorisation.
Mr Quaye stressed that payments associated with the exercise must be made exclusively through the company’s approved payment channels.
“And let me be emphatic: no payment should be made to any person in connection with this exercise except through official SHC payment channels,” he declared.
To facilitate public enquiries and address concerns arising from the exercise, SHC has established a Special Asset Recovery Task Force (SART) office at the company’s headquarters.
The office will operate around the clock to receive enquiries, assist affected persons and provide information on the status of properties under review.
Members of the public can contact the task force through its dedicated hotlines, 0599002200 and 0595858880.
Mr Quaye urged individuals and organisations with interests in SHC properties to deal directly with the company rather than rely on third parties whose authority could not be verified.
He maintained that the exercise would be carried out under SHC’s supervision, with accountability for all decisions remaining with the state-owned housing developer.
