General News of Tuesday, 8 May 2018Source: Graphic.com.ghMembers of Parliament pay back MASLOC loansParliament of GhanaSome Members of Parliament (MPs) who have defaulted in the payment of what they owe the Microfinance and Small Loans Centre (MASLOC) have begun to pay up, following threats by the centre to make their indebtedness public. “Some of the people owing us have started to pay up, but what we are receiving is not encouraging. MASLOC seized scores of commercial vehicles, mostly taxis, from individuals and groups who have defaulted in the payment of loans taken from the centre. Sympathisers of a governing party at any particular point in time who benefit from MASLOC have always failed to pay back their loans, on the assumption that the support given them should serve as a reward for their support for the party. Some of the beneficiaries are said to have used names of others to secure loans without their knowledge and consent.

Source: GhanaWeb May 08, 2018 09:33 UTC