{"id":610526,"date":"2019-04-26T14:30:54","date_gmt":"2019-04-26T14:30:54","guid":{"rendered":"<br><div>\n<p class=\"floatLeft\">General News of Friday, 26 April 2019<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>dailyguidenetwork.com<\/p>\n2019-04-26\n\n<div class=\"article-left\">\n<p class=\"article-image\"><img src=\"https:\/\/cdn.ghana-mma.com\/2019\/04\/2"},"modified":"2019-04-26T14:30:54","modified_gmt":"2019-04-26T14:30:54","slug":"mahamas-regime-caused-gh%c2%a2-23m-financial-loss-in-bus-deal-masloc","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/04\/26\/mahamas-regime-caused-gh%c2%a2-23m-financial-loss-in-bus-deal-masloc\/","title":{"rendered":"Mahama\u2019s regime caused GH\u00a2 23m financial loss in bus deal \u2013 MASLOC"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"floatLeft\">General News of Friday, 26 April 2019<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>dailyguidenetwork.com<\/p>\n<p>2019-04-26<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.ghanamma.com\/2019\/04\/27892256.295.jpg\" alt=\"MASLOC Boss  Stephen Amoah\" title=\"MASLOC Boss  Stephen Amoah\" width=\"295\" height=\"211\" \/><span class=\"image_caption\"><span>Chief Executive Officer of MASLOC, Stephen Amoah<\/span><\/span><\/p>\n<\/div>\n<p style=\"clear:right\">The Microfinance and Small Loans Centre (MASLOC) has accused former President John Dramani Mahama and his erstwhile National Democratic Congress (NDC) administration of causing financial loss to the state.<\/p>\n<p>The former president is said to have chased the state the sum of Gh\u00a2 23,396,074.48 through the purchase of some buses in 2016.<\/p>\n<p>According to MASLOC, the stated loss is the total over-invoicing and deferred tax.<\/p>\n<p>The Centre made this known in a statement in reaction to a recent call from Mr. Mahama asking MASLOC to release to the Ghana Private Road Transport Union (GPRTU) vehicles that were purchased in 2016.<\/p>\n<p>Mr. Mahama made the call during his tour of some bus terminals in <br \/>&#13;<br \/>\nAccra on Thursday, April 18, 2019.<\/p>\n<p>Reacting to the call in the release signed by its Public Relations Manager, Fred Ohene Offei-Addo, MASLOC says it viewed \u201cthe call by the former President as very unfortunate, misleading and a calculated attempt to dodge the fact that his administration provided a conducive environment for the perpetration of gross administrative anomalies.\u201d<\/p>\n<p>It says the Public Procurement Act (PPA) was utterly disregarded and not duly followed.<\/p>\n<p>According to the statement, during the procurement process, the vehicles were taken delivery of and commissioned by the former President on December 1, 2016, whereas the contract for procurement and supply of the vehicles <br \/>&#13;<br \/>\nwas executed on the 6th of December, 2016.<\/p>\n<p>MASLOC says that \u201cit is also worth noting that the vehicles he referred to are the ones the Finance Minister under his Government, Seth E. Terkper, authorized the controller and Accountant General to release an amount of Gh\u00a2 37,000,000.00 on the 5th of December 2016 to enable His then CEO of MASLOC to pay for a supplier who hadn\u2019t signed a contract with the centre.\u201d<\/p>\n<p>It reported that the GPRTU has refused to take delivery of the vehicles solely because of the price.<\/p>\n<p>The vehicles, it says, have been rendered commercially unattractive due to the erroneous procurement procedure adopted for their purchase.<\/p>\n<p>At present, the release added the open market prices for the vehicles are cheaper than the prices at which MASLOC is able to offer <br \/>&#13;<br \/>\nthem at.<\/p>\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>General News of Friday, 26 April 2019 Source: dailyguidenetwork.com 2019-04-26 Chief Executive Officer of MASLOC, Stephen Amoah The Microfinance and Small Loans Centre (MASLOC) has accused former President John Dramani Mahama and his erstwhile National Democratic Congress (NDC) administration of causing financial loss to the state. The former president is said to have chased the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":610506,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-610526","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mahama\u2019s regime caused GH\u00a2 23m financial loss in bus deal \u2013 MASLOC - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/04\/26\/mahamas-regime-caused-gh\u00a2-23m-financial-loss-in-bus-deal-masloc\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Mahama\u2019s regime caused GH\u00a2 23m financial loss in bus deal \u2013 MASLOC - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"General News of Friday, 26 April 2019 Source: dailyguidenetwork.com 2019-04-26 Chief Executive Officer of MASLOC, Stephen Amoah The Microfinance and Small Loans Centre (MASLOC) has accused former President John Dramani Mahama and his erstwhile National Democratic Congress (NDC) administration of causing financial loss to the state. 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