MASLOC chases MPs for non-payment of car loans Archives - Citi 97.3 FM - Relevant Radio. Always https://citifmonline.com/tag/masloc-chases-mps-for-non-payment-of-car-loans/ Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz Wed, 04 Oct 2017 11:00:44 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.8 https://citifmonline.com/wp-content/uploads/2019/05/cropped-CITI-973-FM-32x32.jpg MASLOC chases MPs for non-payment of car loans Archives - Citi 97.3 FM - Relevant Radio. Always https://citifmonline.com/tag/masloc-chases-mps-for-non-payment-of-car-loans/ 32 32 MASLOC chases MPs, actors for non-payment of car loans https://citifmonline.com/2017/10/masloc-chases-mps-actors-for-non-payment-of-car-loans/ Wed, 04 Oct 2017 11:00:44 +0000 http://citifmonline.com/?p=358940 The Microfinance and Small Loans Centre (MASLOC), is currently on the heels of some Members of Parliament who bought their vehicles on loan, but had defaulted in paying back several years after. According to the Chief Executive Officer (CEO) of MASLOC, Stephen Amoah, letters he wrote to the MPS involved asking them to honour their […]

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The Microfinance and Small Loans Centre (MASLOC), is currently on the heels of some Members of Parliament who bought their vehicles on loan, but had defaulted in paying back several years after.

According to the Chief Executive Officer (CEO) of MASLOC, Stephen Amoah, letters he wrote to the MPS involved asking them to honour their obligations have not received any reply.

Mr. Amoah, who made the revelation on the Citi Breakfast Show on Wednesday, however refused to name the legislators involved.

[contextly_sidebar id=”1MLMU77XYpP8jyHmCATzD3BqPbsMBxB8″]He only said the defaulters are from the two main parties in Ghana – the governing New Patriotic Party (NPP), and the opposition National Democratic Congress (NPP).

“Some of the MPS came for the cars or whatever loans or assets for their personal use, some of them actually did that for other people as guarantors. If you guarantee for a beneficiary, there is a declaration that anytime that there is default; you would have to perform that obligation…Some of them were leaders of the previous government. So I wrote to each of the MPs and put it into their pigeon holes—I never had any response from any of them. I also wrote to the clerk of Parliament, I did that but there was no response.”

When asked to disclose the identity of the MPs involved, Mr. Amaoh said “It’s not every bit of information I can bring up because it’s a high house and I have to respect them…For the MPs, I won’t bring it to the public domain now.”

The CEO made the claims on the back of reports that some 350 vehicles procured by MASLOC had been “left at the mercy of the weather” after the GPRTU refused to buy them because their prices were “too excessive.”

MASLOC has subsequently asked the Attorney General’s Department to examine the contracts following suspicion of inflated prices.

Actors, musicians, others owe us close to GHc100 million

“I went through my documents…I realized that our debt portfolio was over GHc100 million, and I found some of them to be actors, actresses, parliamentarians from both sides [of the political divide].”

Mr. Amoah said there were some who came for the vehicles and instead of using them, parked the cars at their garages for close to two years.

He also confirmed that his outfit has so far confiscated 350 of such vehicles and is currently in the process of retrieving the monies.

He threatened to take legal action against the recalcitrant debtors.

By: Godwin Akweiteh Allotey/citifmonline.com/Ghana

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Kumasi robbers gunned down https://citifmonline.com/2014/05/kumasi-robbers-gunned-down/ Thu, 08 May 2014 06:51:40 +0000 http://4cd.e16.myftpupload.com/?p=17126 Four alleged highway robbers, including three Fulani men, were killed in a gun battle with the police Wednesday evening. The robbers were said to have laid ambush between Anwia Nkwanta and Obuasi in the Ashanti Region, preparing to pounce on hapless travelers. The police detected the presence of the gangsters at the area and rushed […]

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Four alleged highway robbers, including three Fulani men, were killed in a gun battle with the police Wednesday evening.

The robbers were said to have laid ambush between Anwia Nkwanta and Obuasi in the Ashanti Region, preparing to pounce on hapless travelers.

The police detected the presence of the gangsters at the area and rushed to confront them.

The armed-to-the-teeth robbers were said to have opened fire immediately they sighted the policemen, resulting in a fierce exchange of fire.

The police however, managed to overpower them, DCOP Nathan Kofi Boakye, the Ashanti Regional Police Commander, told DAILY GUIDE on phone.

He said the police found two AK 47 assault rifles and one pump action gun as well as quantities of ammunitions in the possession of the robbers.

DCOP Kofi Boakye said the police under his command, were determined to get rid of all robbers in the region to enable people transact their legitimate businesses in peace.

He said it is not the wish of the police to kill suspected robbers, indicating that “in this case my men were forced to defend themselves after the robbers opened fire on them.”

According to him, the police had started real operation to stop all robbery acts in the region and urged the people to surrender arms in their possession when they are asked by the police to do so.

DCOP Kofi Boakye repeated his call on the public to feed the police with credible information that would lead to the arrest of criminals before they strike.

According to him, the police had resolved to do whatever they could to make the people live without any fear.

 

Source: Daily Guide

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