Akomea rented out STC land in Kumasi for 50 years-Dept. MD

Three months after leaving office, Nana Akomea's tenure as Managing Director of Intercity-STC Coaches Limited is under scrutiny. Serious allegations of mismanagement and improper asset disposal have emerged from the new leadership.

Nuru Hamidan, the Deputy Managing Director of STC, stated that the new management inherited a nearly crippled company. He claimed that all major assets had been sold or leased out. This left the STC office "empty" and largely dysfunctional.

On The Citizen Show with Kwabena Bobie Ansah on Accra 100.5 FM, Mr. Hamidan revealed that prime STC properties were leased to politically connected individuals. Some leases last for up to fifty years, violating laws governing state assets.

He noted that this issue is not limited to one region. In Accra, for example, the Tudu terminal has been rented out to a private individual for shop construction. This has left the terminal in a dilapidated state.

Mr. Hamidan also mentioned that the company's training school and vehicle valuation center were leased to private operators under questionable terms. This stripped STC of essential operational infrastructure.

Most alarmingly, no audited financial statements have been produced since 2021. "There has been no audit of STC accounts for four years," he said. This situation is deeply troubling for a state-owned enterprise.

Mr. Hamidan previously served as Municipal Chief Executive in Ashanti Region. He painted a bleak picture of the company's fleet status: "STC does not own a single operational vehicle." All buses are now under alliance agreements with third parties.

He added that even official vehicles used by management were taken away by Nana Akomea, former Director of Communications for the NPP. "We walked into an office stripped of assets—no vehicles, no buses, no records—just the STC name," he lamented.