The Micro Finance and Small Loans Scheme (MASLOC) is set to publish names and photographs of some Members of Parliament who have failed to pay for cars they acquired on high purchase arrangement.
This has become necessary, according to the Chief Executive Officer (CEO) of MASLOC because all efforts to get the MPs to pay back has proven futile.
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“We are forced to take the step due to the failure of the MPs to respond to several notices and letters to them over their debt” Stephen Amoah stated on Asempa FM’s Ekosii Sen programme Tuesday.
MASLOC is primarily to provide micro and small loans for start-ups and small businesses to enable them to grow and expand.
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In the past few years, it has been involved in the sale of cars on credit to individuals and groups; however, it is challenged with retrieving the monies owed it.
As a result, the MASLOC boss said they have sent letters to the Members of Parliament who bought their vehicles on loan but had defaulted in paying back several years after.
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“Some of them were leaders of the previous government. So I wrote to each of the MPs and put it into their pigeon holes—I never had any response from any of them. I also wrote to the clerk of Parliament, I did that but there was no response” he stressed.
On the way forward, Steve Amoah appealed to the MPs to, as a matter of urgency, come with a payment plan to avoid any embarrassment.
MASLOC chases MPs for cash
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