Left to rot: Hyundai Gallopers $ 2 million sold for $ 276,000



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General News of Friday, July 19th, 2019

Source: Myjoyonline.com

2019-07-19

Hyundai Gallopers Each vehicle was sold at 19,150 GHC as a result of an badessment by TCC.

The 69 Hyderai Gallopers left rotting at the local government's Institute of Studies about 18 years ago were finally auctioned off.

The vehicles were ordered in 2000 by the then President's government, Jerry John Rawlings, at a cost of $ 30,000 apiece.

But after almost two decades, vehicles left at the mercy of the weather, rusty and miserable, were valued at 19,150 cedis each by the public transport company.

The Ministry of Finance ordered the evaluation and subsequent sale in order to recover what remains of the vehicles.

Even though there are still 11 vehicles at the local government institute where vehicles made in Korea have been parked, our sources claim that they have all been sold.

Those responsible for badigning the cars had to evaluate them and, if they found them acceptable, they had to make a payment to the Ghana Revenue Authority, after which they were allowed to pick up their car.

The public sale took place in May 2019.

Approximately 110 Hyundai Galloper vehicles have been imported for use by Metropolitan, Municipal and District (MMDCE) District Chiefs across the country.

The government took delivery of 27 of them that year. The remaining 87 came in batches over a period of three years.

But the government John Kufuor, who took power in 2001, refused to distribute the vehicles because no agreement was made to purchase.

Subsequent governments have been unable to reach an amicable settlement with the importers of the vehicles, African Automobile Company Limited, to use them.

The decision to auction the vehicles, according to Deputy Minister of Finance Kwaku Kwarteng, was made necessary by the government's apprehension about the perception that ruined vehicles would send to the taxpayer.

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