A Crack team of investigators from the Serious Fraud Office (SFO) prying into issues of malfeasance, mis-appropriation of funds and mis-management at Plant Pool Limited, a state-owned heavy equipment and haulage firm, has allegedly uncovered that up to one billion cedis was squandered by the previous administration headed by Group Captain B.M.K. Koko (rtd) and his deputy Mr E. Markin, according to The Daily Guide.
"The place was run like a private property", said a member of the investigative team who does not want to be named.
During the nine-year administration of Koko as the Managing Director the place was plundered to the extent that people were paid monies without signing for anything. The shocking revelation from the probe is that the huge chunk of money quaffed by the management is being shifted on to the accountant, Mr J.Kwasi Wilson who is currently studying in the United States.
Fortunately, in a heightened drama, the accountant has vowed to dash back home to clear his name.
The Daily Guide can reveal that many concerned and interested parties including Plant Pool have moved to provide the air ticket for Mr Wilson to come and clear himself and redeem his name which has been deliberately linked with what is becoming the sordid management of the previous administration.
As the coals get hotter at the probe, documents in possession of The Daily Guide clearly show that the SFO investigative team is merely scratching the surface of a major rot and catastrophe that has befallen Plant Pool for the past ten years.
