{"id":358997,"date":"2017-10-04T17:19:50","date_gmt":"2017-10-04T17:19:50","guid":{"rendered":"http:\/\/citifmonline.com\/?p=358997"},"modified":"2017-10-04T17:19:50","modified_gmt":"2017-10-04T17:19:50","slug":"we-cant-cancel-over-priced-cars-deal-now-masloc","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2017\/10\/we-cant-cancel-over-priced-cars-deal-now-masloc\/","title":{"rendered":"We can’t cancel ‘over-priced’ cars deal now – MASLOC"},"content":{"rendered":"

The Chief Executive Officer of the Microfinance and Small Loans Centre (MASLOC), Stephen Amoah, has told the Host of the Citi Breakfast Show<\/strong>,\u00a0Bernard Avle,\u00a0that his outfit cannot immediately terminate a contract with MAC Autos & Spare Parts Ghana Limited for the supply of 350 cars although they believe cost was inflated.<\/p>\n

He said a termination of the contract, which was signed under the National Democratic Congress (NDC) government, may result in the payment judgment a debt hence the need to critically examine it.<\/p>\n

[contextly_sidebar id=”InDOLDCjGJcOMHohyUEkqahGqx84ecJA”]\u201cI don\u2019t want to move beyond the jurisdiction in terms of expertise. There is a legal component of the contract. If I don\u2019t take care and I throw everything away, I can let my government be sued. I don\u2019t even understand whether the contract is right or wrong,\u201d Stephen Amoah said on the Citi Breakfast Show<\/strong> on Wednesday.<\/p>\n

He said he has forwarded the contract to the Attorney General and the Office of the President for scrutiny and advice on the next action to take.<\/p>\n

\u201cI\u2019ve sent that document to the Attorney General\u2019s office recently; I\u2019ve sent it to the presidency through the Chief of Staff, for them to also give me the legal explanation of the whole contract so that I combine that with my financial knowledge and make a proper decision not out of arbitrariness,\u201d he said.<\/p>\n

Stephen Amoah said his checks from the supply company indicated that, he cost per unit of one car as it was sold to the previous management, was far above the average market price.<\/p>\n

MASLOC has come under pressure for procuring some 350 vehicles which have been left to rot.<\/p>\n

It emerged that, the car which was meant to be sold on a hire purchase arrangement with the Ghana Private Road Transport Union (GPRTU), was yet to be given to the Union due to the high per unit cost.<\/p>\n

Negotiations on the cost of the cars started between GPRTU and the MASLOC under the former Managing Director Sedina Tamakloe Attionu. The change of government and appointment of a new CEO resulted in a break in negotiations and the need for negations under the new management.<\/p>\n

The GPRTU executives, however appear to be disunited on political lines as the General Secretary, Alhaji Issa Khalifah claims they are unable to purchase the cars from MASLOC because the new management had added extra cost to the cars.<\/p>\n

\u201cAveo Salon car was given to us at GH\u00a256,000 and the Spark was given to us at GH\u00a255,000, and the bus was given to us for GH\u00a2380,000. Elections happened and the NDC lost the elections. Mrs. Tamakloe went away and the new CEO was appointed in the person of Stephen Amoah. Stephen Amoah reviewed the prices and priced the Aveo GH\u00a2 72,000 and the Spark GH\u00a2 61,000. The bus was GH\u00a2 445,000, and it was Stephen Amoah who told us that even if this vehicle was given to us, we cannot pay.\u201d<\/p>\n

But the Chairman of GPRTU, Kwasi Kuma, said \u201cThe former price the previous government was giving us is the same price that the new administration is negotiating with us.\u201d<\/p>\n

Meanwhile, Stephen Amoah has said that his outfit is engaging the car supply company to look at the possibility of renegotiating the contract price, while finding a means of selling the cars to interested parties to prevent them from\u00a0wasting away.<\/p>\n

“I wouldn’t let the cars and the buses\u00a0to get rotten. I\u2019m trying to, behind closed doors, renegotiate and come to proper terms with the suppliers, and at the same time find a way of improvising the items. It is not like we don\u2019t want to give it to GPRTU or Ghanaians or we want to keep them and see them spoilt.”<\/p>\n

–<\/p>\n

By: Jonas Nyabor\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"

The Chief Executive Officer of the Microfinance and Small Loans Centre (MASLOC), Stephen Amoah, has told the Host of the Citi Breakfast Show,\u00a0Bernard Avle,\u00a0that his outfit cannot immediately terminate a contract with MAC Autos & Spare Parts Ghana Limited for the supply of 350 cars although they believe cost was inflated. He said a termination […]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[10,11],"tags":[3,331],"yoast_head":"\nWe can't cancel 'over-priced' cars deal now - MASLOC - Citi 97.3 FM - Relevant Radio. 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