Metro Mass in a fix over GHC120 million Chinese buses

mtt

 

The Metro Mass Transit Limited (MMT) is being cowed by a dangling court case to enter into a deal with a Chinese firm for the supply of 200 buses, MP for Ayawaso West Wuogon, Emmanuel Agyarko has claimed.

Each of the buses would cost the taxpayer $200,000 which is converted into GH?600,000, the MP who has been campaigning for accountability at the Metro Mass told Evans Mensah on Joy FM’s Top Story Wednesday.

“I don’t believe there is value for money in this thing,” he said, insisting that the cost has been “over-priced”.

The transport service has been topping headlines today after a query letter intercepted by Luv News accuses its Managing Director, John Noble Appiah, of overstepping his bounds in the running of the company.

An audit by PKF covering the period between July 2013 and June 2014 raised questions about procurement irregularities against Mr. Appiah.

The management is said to have violated procurement procedures in the disbursement of a whopping 33 million cedis.

Emmanuel Agyarko commended the board that initiated the audit, suspecting that the “board must have noticed something untoward” before taking that step.

According to Mr. Agyarko, a “reasonable reliable source” had informed him that MMT realized the purchase of the 200 buses was a “bad deal”, and had wanted to cancel it but the Chinese firm threatened to go to court if they did.

Commenting further on the audit report, the MP believes there might be “a number of loose ends” at the company and charged the Board to ensure that rules at MMT are followed.

He however believes the Managing Director should be given a chance to respond to the report before any conclusive pronouncements are made on it.

source : myjoyonline.com