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March 11, 2016

 
 
 
 
 

Car dealers storm Ghana’s Parliament over GH¢50,000 loan
Masahudu Ankiilu Kunateh, Ghanadot

Accra, June 21, Ghanadot - Following Ghana’s President, Professor John Evans Atta Mills’ approval of a GH¢50,000 loan to be sourced for each of the 230 Members of Parliament (MPs) for the purchase of a vehicle, various vehicle dealers stormed Parliament House of Ghana.


A visit by Ghanadot on Friday to Parliament saw dealers in automobiles, actually in anticipation of the President’s gesticulation, have turned the forecourt of Parliament House into an exhibition centre and a trade fair for a variety of vehicles, including saloon cars, cross country vehicles and pick-ups, to attract the attention of the MPs.


Some of brand of vehicles on display within the precincts of the House are Nissan, Volkswagen (VW), Toyota, Ford, Honda, Skoda, etc.
Attractively, the dealers are not prepared to disclose the price range of their vehicles, as they are competing to get a good deal from the MPs.


The GH¢11.5 million package was, however, not what the legislators had bargained for.


The Majority leader, Mr. Alban Bagbin, had earlier indicated that MPs would insist on being given official cars by the state, as in the case members of the Executive and Judiciary; but that apparently did not materialize.


Mr. Bagbin told the Ghanadot on Friday June 19, that Parliament had already started negotiations with two banks in Ghana, namely the Amalgamated Bank and Fidelity Bank to secure the loans for the legislators which are expected to be secured at the prevailing market rate.


Meanwhile, the MPs are expected to pay the loans over their four-year terms, while Under the arrangement, those who are unable to complete the payment will have to use part of their ex gratia to pay the rest or find money from some where else to pay.


Ghanadot

 

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