By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    Mahama to cut sod for three 160-bed regional referral hospitals – Kwakye Ofosu
    September 22, 2026
    Mahama took the right steps to turn Ghana’s economy around – Dangote
    September 22, 2026
    Exim Bank case: Wontumi slapped with fresh charge as AG increases counts, adjourned to Oct 13
    September 22, 2026
    Ghana’s health reset must prioritise local production to reduce donor dependence – Mahama
    September 22, 2026
    C/R: Abura Gyabankrom to get SHS – Education Minister
    September 22, 2026
  • Business
    BusinessShow More
    Hollard Ghana announces passing of Group CEO Patience Akyianu, celebrates her legacy
    September 22, 2026
    Nkrumah’s economic independence vision must move from extraction to ownership – Heath GoldFields MD
    September 20, 2026
    Stronger banking, digital and market ecosystems key to export-led growth – UBA Ghana MD
    September 18, 2026
    Dr Likee becomes new Brand Ambassador for KIVO
    September 18, 2026
    GCB Bank PLC donates 100 dual desks, upgrades Zenu KKMA 1&3 Primary School in Ashaiman
    September 18, 2026
  • Politics
    PoliticsShow More
    Mahama took the right steps to turn Ghana’s economy around – Dangote
    September 22, 2026
    Exim Bank case: Wontumi slapped with fresh charge as AG increases counts, adjourned to Oct 13
    September 22, 2026
    President Mahama heads to New York for 81st UN General Assembly
    September 20, 2026
    The State Must Protect Its Leader and Uphold Rule of Law
    September 20, 2026
    Ghana Jollof case: ‘Use your influence to free Salomey’ – Akosua Manu to Naana Jane
    September 19, 2026
  • Entertainment
    EntertainmentShow More
    Musicians must take responsibility for Hiplife’s decline – Okyeame Kwame
    September 20, 2026
    Dr Likee becomes new Brand Ambassador for KIVO
    September 18, 2026
    Lali X Lola named 2026 Forty Under 40 Ghana honourees for Social Media Impact
    September 16, 2026
    The Darkest Chapter: Latif Abubakar’s 21st Production brings President Mahama’s UN reckoning to the National Theatre stage
    September 14, 2026
    Ghanaian Gospel Music legend, Bernice Offei dies
    September 12, 2026
  • Sports
    SportsShow More
    Minority: Sports Minister’s driver, Chief Director’s secretary not back after World Cup
    September 18, 2026
    GFA launches 2026/27 Colts Football Season, targets stronger grassroots development
    September 16, 2026
    Zverev, Rybakina crowned US Open champions
    September 14, 2026
    Hearts and Samartex maintain 100% record in GPL as Kotoko beat Lions
    September 14, 2026
    Ghana unveils female mini football national team, targets rise to Africa’s summit
    September 3, 2026
  • Technology
    TechnologyShow More
    Create Ghana-specific TikTok guidelines to curb harmful content – Michael Donyina Mensah
    September 18, 2026
    Govt should prevent harmful content from going viral rather than rely on arrests – CenPOA Director
    September 18, 2026
    Samsung Galaxy S26 FE Delivering Latest Flagship AI, Camera Experiences
    August 27, 2026
    YEA CEO urges youth to avoid recording private sexual activities amid rise in leaked videos
    August 20, 2026
    Here’s Why Samsung Galaxy Z Fold8 Is Perfect Device for Your Favourite Content – Pre-Order Today!
    August 18, 2026
  • International
    InternationalShow More
    UNGA81: Africa must strengthen capacity to create opportunities for its youth – Mahama
    September 21, 2026
    UNGA81: Mahama engages OSF founder Alex Soros, discusses support for ECOWAS integration
    September 21, 2026
    Foreign Minister Ablakwa takes Ghana’s diplomatic agenda to UNGA 81
    September 19, 2026
    €225m Cocaine case: Four detained for two weeks after pleading not guilty to Narcotic drugs exportation
    September 16, 2026
    Climate-vulnerable countries spend nearly 25 times more on debt than climate action – ActionAid Report
    September 16, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: STC to manage Blay’s 275 buses
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
HeadlinesPolitics

STC to manage Blay’s 275 buses

Starrfm.com.gh By Starrfm.com.gh Published May 18, 2018
Share
Freddie Blay
Freddie Blay
SHARE

Intercity STC Coaches Limited has been identified as the service managers for the 275 buses being procured for the New Party Party (NPP) constituency offices.

The acting National Chairperson of the NPP Freddie Blay is the guarantor for a banking facility aimed at procuring 275 buses for each constituency of the party for commercial purposes.

On Thursday, Starrfmonline.com revealed that the chairman is to spend a whopping $11, 412, 500 – an equivalent of GhC52,846,171.65 – to secure the 275 buses for the party.

Documents available to Starrfmonline.com reveal that Mr. Blay, who is serving as a “Guarantor” on behalf of constituency chairpersons of the NPP, who are Trustees of the transport facility, has made a 30% deposit of the contract price, which is equivalent to $3,000, 000 (GhC13,795,561).

According to the Guarantee in the possession of Starrfmonline.com, STC will be in charge of services.

“The Trustees agree not to sell, or offer for sale, dispose of in any manner whatsoever, assign, mortgage, pledge, sublet or lend out the vehicles or in any way part with the vehicles or any interest therein but to keep the vehicles in the Service management’s (STC) possession, legal and physical and or under its (STC) control and to prevent the creation of any charge or lien thereon,” the document stated.

It added: “The Trustees agree that the Guarantor shall not be liable to third parties for the death, personal injury or any damage to property caused by the use of the Vehicles by the Service management (STC) for and on behalf of the Trustees.”

The Managing Director of Intercity STC Coaches Limited Nana Akomea said there is no concrete agreement yet.

“It’s their plan and intentions. When they bring it we’ll consider it and see if it falls within our corporate strategies,” the former MP told Starrfmonline.com.

Meanwhile, some regional chairpersons of the ruling New Patriotic Party (NPP) have accused Mr Blay of peddling falsehood on the purchase of the 275 buses for each constituency of the party for commercial purposes.

According to them, per the Memorandum of Understanding (MOU)  for the Supply of Vehicles between the NPP and Senalie Group as well as the contractual agreement signed by the parties to the MOU the purchase of the vehicles was an agreement between the NPP and Senalie Group and not with the Acting Party Chairman,  Mr Blay.

Some of the chairpersons point to the fact that the acting chairman who is contesting the position of National Chairman position at the National Officers election of the NPP in July is misleading party delegates and the entire nation. They insist that they were forced to disclose the project to acting Chairman Blay at a point when there was a demand for a guarantor by the supplying company, possibly, the NPP particularly when the reference legal entity for the chairpersons is the legally registered party under the laws of Ghana.

Reacting to that assertion his spokesperson, Mr. Richard Nyamah said: “I’m saying if somebody dreams a dream, it doesn’t mean I haven’t dreamt that dream. You only get to know a dream had become reality when it becomes reality. So if someone had dreamt and Freddie had implemented it I don’t know why you think I should vouch for the one that had the dream.”

“If tomorrow there is a default on the payment of those buses who is to blame or whose name or properties will be attached; any of the properties or the trustees?” he asked.

Source: Ghana/Starrfmonline.com/103.5FM

You Might Also Like

Mahama to cut sod for three 160-bed regional referral hospitals – Kwakye Ofosu

Mahama took the right steps to turn Ghana’s economy around – Dangote

Exim Bank case: Wontumi slapped with fresh charge as AG increases counts, adjourned to Oct 13

Ghana’s health reset must prioritise local production to reduce donor dependence – Mahama

C/R: Abura Gyabankrom to get SHS – Education Minister

TAGGED:275 busesblaystc
Share This Article
Facebook Twitter Email Print
Share
Previous Article Prince Charles to walk Meghan down the aisle
Next Article Young musicians are lazy – Ambolley

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?