It is the pursuit of this ‘create, loot and depart’ agenda that has led to the current situation whereby the Microfinance and Small Loans Centre (MASLOC), which was established to reduce poverty and create wealth, has now been turned into an avenue for obvious stealing from the national coffers.
Led by its Chief Executive Officer, Sedina Tamakloe Attionu, MASLOC has spent a whopping GHC10 million on the acquisition of 1,000 motor tricycles, ostensibly for distribution to NDC foot soldiers to motivate them to join the governing party’s desperate effort to save President Mahama from defeat in Wednesday’s elections.
This means each of the tricycles is costing the nation GHC10, 000. But industry players put the actual price of one tricycle at GHC5,000, which means the contract has been inflated by 50%, with the Mahama government virtually stealing GH5 million from the nation through this deal.
The firms that were selected for the sole-sourced contract, awarded just last week, are CRISJOE COMPANY LIMITED, SPELL TRUST LIMITED AND IEL LOGISTICS.
“The Centre is by this application seeking the approval…to apply the restricted tendering method to procure specialized motorized tricycles,” a letter from the MASLOC Chief Executive Officer to the Public Procurement Authority states in part.
It is clear that Sedina Tamakloe Attionu, the MASLOC CEO who is known for her social media attacks on the NPP flagbearer, Nana Addo Dankwa Akufo-Addo, than working for Ghana, and even when she chooses to work, does nothing but engages only in ‘creating and looting’ to satisfy her paymasters.
Public Policy Research Centre, Danquah Institute, in a recent report, revealed that Ghana had lost US$1.93 billion in sole-sourced contracts since 2010.
According to the report, an estimated 65% savings could have been made if those deals were subjected to competitive tendering and would have saved the country a whopping GH¢7.8 million.