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Smarttys pay second tranche of refund

The Attorney General presented her report on December 22, 2015, directing the refunding of money found to have been overpaid to Smarttys in the contract.
Selassie Ibrahim, CEO of Smarttys Management and Production
Selassie Ibrahim, CEO of Smarttys Management and Production

Smarttys Management and Production Limited has paid the second instalment of the refunds in connection with the rebranding of 116 Metro Mass Transit (MMT) buses by the Ministry of Transport.

The branding of the buses was done at a cost of GH¢3.6 million.

A letter signed by counsel for Smarttys Management and Production Limited, Mr Kissi Agyebeng, said seven hundred thousand cedis (GH¢700,000) was paid on February 25, 2016.

This brings the amount to one million Ghana cedis paid by Smarttys Management and Production Limited out of the figure of GH¢1,548,608.04 to be refunded.

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2025-06-06T16:57:55+00:00
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A letter attached to the cheque paid into the account of the Economic and Organised Crime Office (EOCO) stated,  “see attached a cheque(numbered 000014 Guaranty Trust Bank (Ghana)” intended as the settling of the agreed second instalment in the sum of Seven Hundred Thousand cedis(GH¢700,000) drawn on the Clients Account of Cromwell Gray LLP."

The letter made reference to the Attorney General’s letters of December 29, 2015 and January 7, 2016 on the refunds to be made, and also made reference to modes of payment reached.

Read more: Smarttys pays first installment of excess cash

Context

The branding of the new Chinese Huanghai buses for the MMT with portraits of John Mahama and past presidents caused public outcry, resulting in the resignation of the Minister of Transport, Ms Dzifa Attivor, in December.

See related: Minority calls for review of $98 million Smarttys electrification deal

Subsequently, the Chief of Staff, Mr Julius Debrah, ordered the Attorney General to probe the contract and report back to him.

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