Asempanews Menu

asempa news logo

MASLOC terminated controversial GHC28m contract with Dextro-Impex

MASLOC has been accused of purchasing some 1,800 vehicles from Detrox Impex

It has emerged Microfinance and Small Loans Centre (MASLOC) cancelled a controversial ¢28 million contract, a month after it awarded it to a private company, Dextro-Impex. has learnt the contract for the supply of 1,800 vehicles was terminated in August last year, just a month after it was awarded.

In a letter intercepted by dated October 12, 2017, MASLOC CEO, Stephen Amoah said the decision to abrogate the contract was to afford the Centre the opportunity to review all procedures in the acquisition of the vehicles.

The revelation comes in the wake of allegations that the MASLOC boss breached the procurement law in awarding the contract.

Critics say the contract did not go through a competitive tendering process and the decision was solely taken without the backing of a board.

Minister of state in charge of Public Procurement, Sarah Adwoa Safo was hauled before Parliament Wednesday to respond to questions about the deal.

But she referred her colleagues to the Finance Ministry, saying she is only a government advisor on procurement.

“The legal framework currently does not authorize my office or any other office to conduct centralized procurement,” she said.

But the deal was terminated last year, documents available to have revealed.

In another letter dated October 13, 2017, Dextro-Impex CEO, Silas Boahene has acknowledged and accepted the decision of MASLOC to abrogate the agreement.

The car dealer firm thanked MASLOC for the “opportunity granted us and we look forward to a fruitful working relationship in the future.”

Other Stories