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Over 200 undervalued bus sale cost GHC1m loss in shady Metro Mass Transit deal

JoyNews investigations have uncovered that the state-owned Metro Mass Transit Limited lost over ¢1 million, as a result of under-valuation of more than 200 buses sold by the company.

The buses were declared “unserviceable” and as a company policy, they were supposed to be sold off as scrap. JoyNews, however, found out the valuation process was compromised and this has cost the company more than one million cedis in revenue.

An auctioneer who claims to have facilitated the sale of 18 unserviceable buses, complains that he has been shortchanged. He told JoyNews' Manasseh Azure Awuni that the buses were sold to people recommended by the Board Chair, Ahmed Arthur.


May 2, 2018


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