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



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General News on Tuesday, February 12, 2019

Source: Myjoyonline.com

2019-02-12

MASLOC C Vehicles play the videoThe 350 vehicles cost the state more than 18 million GHS

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.

MASLOC chief executive Stephen Amoah, who revealed the PM Express revelations on Monday night, said: "Just a few months ago, the cars were serviced by the suppliers themselves."

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

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 the government to actually save 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 the GPRTU because I think it will be fair to give them a chance. The fact is also that it is [being bought] very slowly because of prices, "he told 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 at least two years of exposure to the weather could further reduce their prices. However, the CEO of MASLOC seems to have dispelled this point of view with the revelation of regular maintenance.

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 above the market 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.

For more news, go to myjoyonline.com

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