The leadership of the Association of Lotto Marketing Companies (ALMC) has commended the Management of KGL Technology Limited for the timely intervention of releasing funds to the National Lottery Authority (NLA) for the payment of outstanding wins since April 2020.
A statement signed by the National Chairman of the Association, Mr. Daniel Mensah and copied to the media on Wednesday said this, in the view of the Association, is a sign of good leadership to calm nerves down in the lottery industry.
The statement forms part of a congratulatory message the Association sent to President Nana Addo Dankwa Akufo-Addo.
It said: "Sir we have observed that for some time now the NLA has been finding it very difficult to honour payment of prizes to its cherished winners, causing a lot of inconvenience to them.
"This has resulted in the sale of tickets in the kiosks reducing to the lowest ebb. Already, we are battling with the unbridled pirating of the NLA by the Private Lotto Operators who call themselves Banker-Banker."
The statement said the cumulative effect of the prize payment deficits runs into millions of Ghana Cedis, culminating in agitations and protestations of the Staff, the Association members and the staking public.
"It is heartwarming and commendable to hear that KGL Technology Limited has stepped in to bail out the NLA in this circumstance by clearing all the outstanding debts emanating from the unpaid winnings"
According to the statement, the Association of Lotto Marketing Companies further stated that they are prepared to joint efforts with all the stakeholders including KGL Technology Limited and employees of NLA to work together to ensure that the NLA continues to be the major source of revenue for the government.
KGL Technology Limited is an online lotto marketing company duly licensed by the NLA with the mandate of operating the official short code of NLA *959# to mobilize revenue for the Government, and for national development.
Latest Stories
-
Shamima Muslim urges youth to lead Ghana’s renewal at 18Plus4NDC anniversary
50 minutes -
Akufo-Addo condemns post-election violence, blames NDC
58 minutes -
DAMC, Free Food Company, to distribute 10,000 packs of food to street kids
2 hours -
Kwame Boafo Akuffo: Court ruling on re-collation flawed
3 hours -
Samuel Yaw Adusei: The strategist behind NDC’s electoral security in Ashanti region
3 hours -
I’m confident posterity will judge my performance well – Akufo-Addo
3 hours -
Syria’s minorities seek security as country charts new future
3 hours -
Prof. Nana Aba Appiah Amfo re-appointed as Vice-Chancellor of the University of Ghana
4 hours -
German police probe market attack security and warnings
4 hours -
Grief and anger in Magdeburg after Christmas market attack
4 hours -
Baltasar Coin becomes first Ghanaian meme coin to hit DEX Screener at $100K market cap
4 hours -
EC blames re-collation of disputed results on widespread lawlessness by party supporters
5 hours -
Top 20 Ghanaian songs released in 2024
5 hours -
Beating Messi’s Inter Miami to MLS Cup feels amazing – Joseph Paintsil
5 hours -
NDC administration will reverse all ‘last-minute’ gov’t employee promotions – Asiedu Nketiah
5 hours