Audio By Carbonatix
Former Managing Director of Intercity STC Kwame Adjei-Sefa is challenging a supposed report purported to have been released by a committee set up by Transport Minister Mike Hammah to look into alleged financial malfeasance at the company.
The committee chaired by Mr. Abu Millah, a financial consultant, came out with a damning report on the company questioning certain decisions of the management which have threatened the very survival of the company.
One of the six main areas of concern was the lack of proper procurement procedures.
The report stated that Intercity STC did not adhere to proper procurement procedures in the purchase of its Eicher buses from SVANI.
But speaking with Asempa News, Mr. Adjei-Sefa says he did not pay any money purported to have been paid to SVANI for the purchase of Eicher buses.
According to him, during his term of office as the MD, he did not buy any bus from SVANI Motors and did not also pay any money to the company.
He said if there was any money paid to SVANI Motors then the current management should be made to answer because he has no idea about that.
Story: Jerry Tsatro Mordy/Asempa News/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Domestic debt increased by GH¢57bn to GH¢391bn in June 2026; total public debt now GH¢719.5bn
35 minutes -
CUTS warns GH¢12 demurrage surcharge on cement, raises serious cartel concerns
1 hour -
Ato Forson thanks constituents for 18 years of support
1 hour -
T-bills auction: Government exceeds target by 51%, interest rates fall again
2 hours -
Avoid comparing governments, Catholic Bishops tell Chief Justice
2 hours -
140 migrants in single dinghy rescued in English Channel
3 hours -
FIFA president Infantino will stand for re-election
3 hours -
Catholic Bishops reject calls for Chief Justice’s resignation over political remarks
3 hours -
Germany’s far-right AfD set for big win in eastern state, just short of majority
3 hours -
Catholic Bishops urge Chief Justice to avoid remarks that could raise doubts about impartiality
3 hours -
Mrs Doris Emma Doryumu (Nee Dove)
3 hours -
Illegal mining concessions easier to obtain than lawful ones in Ghana – Prof Frimpong-Boateng
4 hours -
At least 5 dead after Amazon cargo plane barreled off runway at Miami airport
4 hours -
Frimpong-Boateng proposes Environmental Restoration Fund funded by mineral royalties
4 hours -
Corrupt individuals are worse than pathogens; their actions cause premature deaths – Prof Frimpong-Boateng
4 hours