{"id":4046,"date":"2019-10-01T13:58:46","date_gmt":"2019-10-01T13:58:46","guid":{"rendered":"https:\/\/www.africa-press.com\/ghana\/?p=4046"},"modified":"2019-10-01T13:58:46","modified_gmt":"2019-10-01T13:58:46","slug":"nda-exposes-sada-9m-rot","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/nda-exposes-sada-9m-rot","title":{"rendered":"NDA exposes SADA $9m \u2018rot\u2019"},"content":{"rendered":"

Management of the Northern Development Authority (NDA) have exposed a stinky tricycles deal that the then Savannah Accelerated Development Authority (SADA) with a private company named UNIK Savannah.<\/strong><\/p>\n

The deal was termed SADA-UNIK Savannah Tricycles Agreement.<\/strong><\/p>\n

According to NDA, it was worth an amount of $9,500,000.<\/p>\n

The contract was for the provision of 5,000 tricycles under the tricycle project.<\/p>\n

According to the NDA in a statement, out of the 5,000 tricycles that were imported, 3,000 were assembled, 2,239 were released\/sold and 732 \u201cleft under very unfriendly weather conditions.\u201d<\/p>\n

Setting the records following claims made against it, the NDA pointed out in the statement that currently, there are a total of under 2,000 of the unassembled tricycles.<\/p>\n

Per the contractual agreement, it said, UNIK Savannah Limited was to procure, assemble and retail tricycles and motorcycles.<\/p>\n

\u201cSecondly UNIK Savannah was also to identify market officers or agents, and, through a hire purchase agreement, to sell out these tricycles via a credit system process,\u201d it noted.<\/p>\n

UNIK Savannah Limited otherwise known as UNIK Dezines strangely collapsed within six months of its creation, according to the statement.<\/p>\n

It explained that at the point of collapse Unik-Savannah had demonstrated a clear inability to recover payments of beneficiaries of tricycles through the marketing officers and agents.<\/p>\n

This was strange and appeared to have been orchestrated deliberately for personal \u201cgain-and-collapse\u201d game masterplan, it stated.<\/p>\n

Marketing officers of UNIK Savannah Limited were fingered in fraudulent inclination after they reportedly received payments from some beneficiaries but failed to account for same, NDA reported in the statement.<\/p>\n

In the wake of this, it said, monies that were expected to be paid into a special account at Stanbic Bank to amortize a letter of credit guaranteed by the authority were never paid.<\/p>\n

It claimed that the tricycle business was designed as a Private Public Partnership (PPP).<\/p>\n

However, it stated that there was one-sided expenditure by SADA, as it bore all the cost of this UNIK Savannah\/SADA Venture.<\/p>\n

\u201cA whopping Nine million, Five Hundred Thousand (US$9,5000,000) was provided by SADA alone via a Letter of Credit arrangement (L\/C) and none by its PPP Partner to procure the tricycles.\u201d<\/p>\n

This cost, it revealed, the records show included import, salaries and allowances, transporting and carriage, field clearing and other services.<\/p>\n

Poor Leadership<\/p>\n

It is clear that then SADA did not show leadership, professionalism and prudent resource management. It is this which plunged the UNIK Savannah into huge debts, according to the statement.<\/p>\n

Furthermore, it disclosed that it was clear that having planned the procurement of thousands of bulky goods, SADA failed to anticipate the storage facility needs for the consignment.<\/p>\n

\u201cThus no proper facility was provided for the assembled tricycles leaving them under the mercy of the weather for years and resulting in a significant depreciation of up to 60% according to the latest valuation by the State Transport Company (STC) Limited\u201d, it said.<\/p>\n

\u201d It was realized that the organizational structure of UNIK Savannah was deficient paving way for fraud by some of the marketing staff.\u201d<\/p>\n

Unanswered Questions<\/p>\n

\u201cThere are still more questions than answers. Where is the PPP Agreement between SADA and UNIK Savannah? What were the terms of agreement between SADA and UNIK Savannah? it quizzed.<\/p>\n","protected":false},"excerpt":{"rendered":"

Management of the Northern Development Authority (NDA) have exposed a stinky tricycles deal that the then Savannah Accelerated Development Authority (SADA) with a private company named UNIK Savannah. The deal was termed SADA-UNIK Savannah Tricycles Agreement. According to NDA, it was worth an amount of $9,500,000. The contract was for the provision of 5,000 tricycles […]<\/p>\n","protected":false},"author":66,"featured_media":4047,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[2704,2706,2705,2707],"class_list":["post-4046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-management-of-the-northern-development-authority-nda","tag-private-company","tag-savannah-accelerated-development-authority-sada","tag-unik-savannah"],"yoast_head":"\nNDA exposes SADA $9m \u2018rot\u2019 - Ghana<\/title>\n<meta name=\"description\" content=\"Management of the Northern Development Authority (NDA) have exposed a stinky tricycles deal that the then Savannah Accelerated Development Authority (SADA) with a private company named UNIK Savannah.The deal was termed SADA-UNIK Savannah Tricycles Agreement.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/nda-exposes-sada-9m-rot\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NDA exposes SADA $9m \u2018rot\u2019\" \/>\n<meta property=\"og:description\" content=\"Management of the Northern Development Authority (NDA) have exposed a stinky tricycles deal that the then Savannah Accelerated Development Authority (SADA) with a private company named UNIK Savannah.The deal was termed SADA-UNIK Savannah Tricycles Agreement.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/nda-exposes-sada-9m-rot\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-01T13:58:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/2019\/10\/nda.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"307\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"francis\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"francis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/nda-exposes-sada-9m-rot#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/nda-exposes-sada-9m-rot\"},\"author\":{\"name\":\"francis\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/3687592f7713dc6c826cf5bbd0e55bca\"},\"headline\":\"NDA exposes SADA $9m \u2018rot\u2019\",\"datePublished\":\"2019-10-01T13:58:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/nda-exposes-sada-9m-rot\"},\"wordCount\":534,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/nda-exposes-sada-9m-rot#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/2019\/10\/nda.jpg\",\"keywords\":[\"Management of the Northern Development Authority (NDA)\",\"private company\",\"Savannah Accelerated Development Authority (SADA)\",\"UNIK Savannah.\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/nda-exposes-sada-9m-rot#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/nda-exposes-sada-9m-rot\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/nda-exposes-sada-9m-rot\",\"name\":\"NDA exposes SADA $9m \u2018rot\u2019 - 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