MASLOC Retrieves Cars From NPP Chairman’s Residence
The Microfinance and Small Loans Centre (MASLOC) has started a major recovery drive. This campaign has so far seen the Centre MASLOC retrieves cars from the home of NPP Chairman Wontumi. The CEO of MASLOC, Abigail Elorm Mensah, confirmed this on Citi FM’s Eyewitness News on Wednesday, September 10. She explained that the action forms part of a broader initiative to recover government loans and vehicles from defaulters.
“I have gone with National Security operatives to the house of the Chairman of the NPP in Ashanti Region, Chairman Wontumi,” she revealed. “In fact, the cars were five. We’ve retrieved three. I have collected all from his house. We are still chasing him for the two. He has to pay for them,” she stated. The MASLOC CEO noted that the Centre’s operational procedures require individuals who fail to meet repayment obligations or misuse government vehicles to either return the assets or settle their outstanding debts. “What we do is that once I seize the cars, the agreement we have with you is that you would have to repay whatever has accrued and we release the cars to you,” she said.
The MASLOC retrieves cars initiative has been widespread. Mensah added that officials have already reported several cases of asset misappropriation to the police. This action is part of efforts to safeguard public property. “We’ve reported a lot of the issues to the police,” she confirmed.
Citing another example, Mensah recounted an incident involving a relative of former Vice President Dr. Mahamudu Bawumia. This individual allegedly refused to return a government vehicle—a Nissan Urvan—after acquiring a new one. “I have a situation where a brother of former Vice President Seidu Imoro picks a car and he is bold to tell us that ‘well he has used the car to work and he’s bought his own, so if we want we could come for it.’ So we’ve seized it,” she stated. The ongoing campaign by MASLOC to retrieve these vehicles and loans highlights the Centre’s commitment to financial accountability and good governance. This new recovery drive shows that MASLOC retrieves cars regardless of the defaulter’s political affiliation.
Source: CitiNewsroom