The Microfinance and Small Loans Centre (MASLOC) has stepped up efforts to reclaim government vehicles and loans from defaulting beneficiaries, in a nationwide accountability exercise aimed at safeguarding public resources.
Chief Executive Officer of MASLOC, Abigail Elorm Mensah, revealed in an interview on Citi FM’s Eyewitness News that her outfit, with support from National Security operatives, has successfully retrieved several government vehicles from individuals who failed to meet repayment obligations or misused state assets.
Under the Centre’s rules, beneficiaries are required to return vehicles or settle outstanding debts if they default. “Once we seize the cars, the agreement we have with you is that you must repay what has accrued before the vehicles are released,” Mensah explained.
She confirmed that multiple cases of asset misappropriation have already been reported to the police, as MASLOC seeks to strengthen compliance and accountability.
The CEO cited recent instances, including the recovery of vehicles from high-profile political figures and their associates, underscoring that the Centre’s enforcement exercise is non-discriminatory.
In one case, she disclosed, a relative of former Vice President Dr. Mahamudu Bawumia allegedly refused to return a government-issued Nissan Urvan, claiming he had purchased his own replacement vehicle. The car was eventually seized by MASLOC.
According to Mensah, these interventions reflect the Centre’s determination to protect taxpayer-funded resources and ensure they are used for their intended purpose.
“This is about accountability. The assets belong to the state and they must be used responsibly,” she stressed.
