MASLOC rot… Adei wants punishment for perpetrators


Professor Stephen Adei has called for swift punishment for persons whose actions have led to the wasting away of some 350 vehicles procured by the Microfinance and Small Loans Centre (MASLOC).


Chairman of the National Development Planning Commission (NDPC) also asked for a firm action to bring the perpetrators to book.


“I want to congratulate those who did this work. They have done very professional work. This is what the media must do to get the facts out. Those who have caused financial loss be made to pay for it. Somebody must be held accountable,” he said yesterday on Joy FM in Accra.


The cost of 350 vehicles procured in 2016 by the MASLOC for private transport operators cost the state over GHS18 million.


This is higher than the market price of the vehicles from the same supplier.

The 350 vehicles are parked in the National Security yard behind the Accra International Conference Centre in Accra.


Some of the salon cars have been completely covered with weeds.

The vehicles are comprised of 100 33-seater Isuzu buses, 100 Chevy Sparklite Salon Cars and 150 Chevy Aveo salon cars.


Prof. Adei equally questioned the motivation of government for acceding to fulfil its contractual obligation when it was clear that the contract was fraught with irregularities.


“I am quite surprised that if a contract is tainted with corruption it is being paid at its face value.” For instance, Prof. Adei objected to the tax waivers granted the supplier of the vehicles.


Sounding very surprised he said, “we are not hearing anything on the taxes which were not paid. I am shocked that it is being paid. I don’t think that think that anybody will do that in their own private company. Ministry of finance must revoke the conditional tax waiver.”


Prof Adei also bemoaned the high level of corruption in the country despite Ghana’s good showing at the 2018 corruption Perception Index [CPI] and called for concerted efforts to deal with it.

“There is no doubt at all that in recent years corruption is very high in Ghana and growing. It will require concerted effort to deal with corruption,” he said.






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