The Microfinance and Small Loans Centre (MASLOC) has been found to be involved in a GHS18 million scandal.
According to a Joy News investigation, MASLOC in 2016, procured 350 vehicles from Spareparts Ghana Limited at inflated cost.
The vehicles were purchased for the Ghana Private Road Transport Union (GPRTU) but the transport operators rejected the vehicles because of the alleged price inflation.
Joy News’ Manasseh Azure Awuni in a latest documentary titled, 'Grounded Wheels', gives reasons why the MASLOC vehicles are parked since 2016.
The 350 vehicles are parked in the National Security yard behind the Accra International Conference Centre, in Accra.
The video shows the vehicles completely abandoned and left to the mercy of the weather. The vehicles comprise 100 33-seater Isuzu buses, 100 Chevy Sparklite Salon Cars and 150 Chevy Aveo salon cars.
The supplier of the vehicles, Mac Autos and Spareparts Ghana Limited told Joy News that:
“The reasonable difference in prices of the vehicles sold to MASLOC and the prices sold to the general public was due to the fact that it was not paid upfront in cash, but over a period of two years, as such, an interest was put on the price as is [the] custom in car purchases.”
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