The Ghana Private Road Transport Union (GPRTU) says it did not enter into an agreement with the Microfinance and Small Loans Centre (MASLOC) for the supply of 350 vehicles, despite a contrary report.

Although the Union admitted it held some talks with MASLOC over the car deal, it said it did not sign the contract.

GPRTU National Chairman Kwame Nkrumah told Joy News Wednesday, the Union withdrew from the deal because it was fraught with some illegalities.

He said when the document was submitted to the Union, it had space for only the General Secretary to sign, despite the requirement of three signatories.

Mr Nkrumah explained a contract will only be binding on the Union if it is signed by the President, General Secretary and either the First Trustee or Second Trustee.

But the MASLOC vehicle deal did not meet that requirement, he told Joy News’ Komla Adom.

Mr Nkrumah believes a thorough probe by the Economic and Organised Crime Office (EOCO) will unearth circumstances that led to the vehicle purchase.

The current management of MASLOC is in a dilemma after GPRTU rejected some 350 vehicles procured for its members.

The past government contracted MAC Autos and Spare Parts Ghana Limited to supply those vehicles at the sum of ¢62.2 million.

MASLOC CEO, Steven Amoah has disclosed to Joy News he has had several meetings with GPRTU executives since he assumed office but they are concerned about the prices of the vehicles.

A mini-bus reportedly cost $111,000, an equivalent of ¢450,000 and small vehicles are also said to range between ¢250,000 to 400,000.

Mr Amoah said he has written to the Attorney-General Gloria Akuffo to seek her counsel in the handling of the matter.

But the GPRTU has maintained it did not sanction the contract because it had serious issues with the arrangement, which were not resolved.

Mr Nkrumah said the Union was not given the opportunity to choose the type of vehicles its members would like to purchase from MASLOC.

He has called on EOCO to investigate the matter in order for the people behind the deal to be made to face the law.