MASLOC "abandoned" vehicles still in good shape and selling slowly – CEO



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Some 350 vehicles bought in 2016 by a government agency responsible for microfinance, but could not be sold to drivers because of their above-average market prices, remain in good condition, said the managing director of l & # 39; agency.

Stephen Amoah, Director of the Microfinance and Small Loans Center (MASLOC), who made the revelations on PM Express Monday evening I said, "Only a few months ago, the cars were maintained by the suppliers themselves."

Joy News revealed investigation that the cost of vehicles purchased for private drivers owned by the Ghana Private Road Transport Union (GPRTU) cost the state more than 18 million GHS, a price above the market price of the GPRTU. vehicles from the same supplier, Mac Autos and Spareparts Ghana Limited.

Video: Watch a documentary about the abandoned vehicles above.

Private carriers rejected the vehicles because of alleged price inflation.

The 350 vehicles are currently parked in the National Security Court, behind the Accra International Conference Center, in Accra.

MASLOC GPRTU CAR-2

Photo: Some of living room the cars were completely covered with weeds.

Vehicles include 100 Isuzu buses with 33 seats, 100 Chevrolet Sparklite lounge cars and 150 Chevy Aveo salon cars.

However, when the CEO of MASLOC appeared in the multiTV news show, he announced the firm intention to save money for the government despite the current stalemate.

"We want it government to actually save money as much as possible. So if we can get people to buy them at the current price, that will be my priority. If we do not do it and we reduce it, then of course, we will talk to GPRTU because I think it will be fair to give them the chance. The fact is also that it is [being bought] very slowly because of prices, "he said. PM Express.

"The fact that the cars are there does not mean that we do not maintain them," he added, to say that the depreciation of vehicles will be minimal.

When the news broke, many people claimed that the depreciation of vehicles after exposure to the weather for at least two years would further reduce their prices. However, the CEO of MASLOC seems to have dispelled this point of view by revealing the regular maintenance of vehicles.

Mr. Stephen Amoah also stated that some of the vehicles were even purchased, although he was not able to provide the exact number.

"What we have to do now is the maximum, because in my opinion, the damage is already done. The problem was essentially prices. They were very high, well abovemarket average. We did what we could and in one year we managed to lower the price so people could buy, "he said.

Look at the full program below.

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