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I WAS SHOCKED AFTER KNOWING OF DVLA’S GHC300M DEBT – CEO Julius Kotey

Chief Executive Officer of the Driver and Vehicle Licensing Authority (DVLA), Julius Neequaye Kotey, was shocked when he found out about the large debt left by the previous head, Mr. Agyemang Busia.

He did not expect such a big debt because he thought that the DVLA (Driver and Vehicle Licensing Authority) earned enough money from its operations.

Currently, the DVLA has debts totaling GHC300 million and $151 million.

“The legacy debts, I never expected anything like that but here I am faced with it. When you check our operations everything we do, there’s some amount of money on it so for me to have this debt from my predecessor, Mr. Agyemang Busia it came with a shock.

“Let me be very specific with you, for the cedi account, it is close to GHC300 million and for the dollar account, it is close $151 million,” he told Keminni Amanor on TV3’s Hot Issues, Sunday, March 30.

To understand why the debts are so high, Kotey plans to have a full audit of the DVLA’s finances soon.

“We are going for a system audit so I can’t put the cat in front of the horse so after the system audit, we will know what the issues are,” he added.

Kotey also talked about a company that signed a contract with the DVLA in 2023. This contract promises to pay the company GHC160 million over three years, but the specific work that the company is doing for the DVLA is not clear.

“There’s one which is very alarming. There’s a company which I will not mention the name, they had an agreement with DVLA and anybody you ask doesn’t seem to know what the real work of the company is, they are supposed to do some system monitoring and something and the Ministry of Finance is supposed to pay about GHC 50 million every year.

“We are in the third year and they never paid any pesewa and we are in the third year and they expect us to pay all these monies.

“The contract was signed in 2023 so far as we started with the same software on January 1, we have committed into that contract to the end of the year and its amounting to about 160 million Ghana cedis for that company alone.

“So I have sent the contract to the sector minister who is also a member of parliament for Saboba then we take it and see what the issues are.

 

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