MASLOC To Publish Names Of Loan-Defaulting Mps

The Microfinance and Small Loans Centre (MASLOC) says it will in the coming weeks publish the names of some Members of Parliament (MPs) who have defaulted in repaying loans they contracted from them.

According to the Chief Executive Officer (CEO) of MASLOC, Mr Stephen Amoah, although the centre has written severally to the MPs involved for them to honour their obligations, they were yet to respond to the letters.

He told the Daily Graphic that his office had even petitioned the Clerk of Parliament on the issue involving MPs from both sides of Parliament but it was yet to yield any results.

In a radio interview on Accra-based Citi FM, Mr Amoah explained that the MPs involved took the loans for their personal use while others served as guarantors for a beneficiary.

When asked to disclose the identity of the MPs involved, Mr. Amaoh said “It’s not every bit of information I can bring up because it’s a high house and I have to respect them…For the MPs, I won’t bring it to the public domain now.”

He noted however that his office has since given the involved MPs an ultimatum to repay, failure of which his outfit would publish their names in the dailies.

“We gave them ultimatum to repay if not we will publish their names. You will see from the coming weeks the names that we will publish. The whole nation will agree with me that we did all that we did to made the issue a bit more flexible for them but they’ve just decided not to comply. After that we are going to publish their names.”

He also noted that if after publishing their names the involved MPs failed to honour their obligations, MASLOC would take a legal action against them.

“…our lawyers will write to them, if they don’t we’ll take them to court,” he said.