Ex-MASLOC Boss, Others Cited For Fraud, 'Ghost' Projects

A forensic audit report into the operations of MASLOC under the John Mahama administration has revealed jaw-dropping allegations of fraud and financial impropriety.

The report which has been intercepted by Joy News cited the former CEO at MASLOC Sedinam Tamakloe Attionu, her predecessor Bertha Sogah of widespread acts of corruption, inflation of prices for projects with several millions of cedis misappropriated.

Other officials, including the head of operations and Finance at MASLOC were not left out of the misappropriation.

The report indicates that Mrs Tamakloe had withdrawn ¢500,000 MASLOC invested at Obaatampa Microfinance but failed to pay the amount into the accounts of MASLOC.
 
Again an amount of 1.7 million cedis said to have been approved in 2016 for implementation for programmes across the country’s regions cannot be accounted for the report held.

Checks by the Audit report committee at the various regions also indicate there was no trace of the programmes for which the monies had been disbursed.

According to the auditors there was also no record of refund of the monies even though there is evidence the projects for which monies were released were all ghost projects.

The audit report insists Mrs Tamakloe must be held responsible for the misappropriation of the amount and be made to refund.

She must also be charged with committing fraud.