• About us
  • Presenters
  • Shows
  • VIDEOS
  • PODCASTS
Tuesday, July 21, 2026
Angel Online
  • Home
  • Elections
  • Politics
  • News
    • Local News
  • Business
  • Education
  • Health
    • Lifestyle
  • Entertainment
  • Features
  • World
No Result
View All Result
  • Home
  • Elections
  • Politics
  • News
    • Local News
  • Business
  • Education
  • Health
    • Lifestyle
  • Entertainment
  • Features
  • World
No Result
View All Result
Angel Online
No Result
View All Result
Home Business

I inherited $200m, Gh¢300m debts when I took over as DVLA CEO – Kotey

Samuel Sackey by Samuel Sackey
October 28, 2025
in Business, News
Reading Time: 1 min read
0 0
0
I inherited $200m, Gh¢300m debts when I took over as DVLA CEO – Kotey

Julius Neequaye Kotey

Share on FacebookShare on Twitter

The Chief Executive Officer (CEO) of the Driver and Vehicle Licensing Authority (DVLA), Julius Neequaye Kotey, has disclosed that he inherited debts upon assumption of office.

Mr. Kotey stated that the DVLA has two accounts, a dollar account and a cedi account, with the dollar account debt amounting to approximately $ 200 million, while the cedi account was also close to GHC300 million.

In an interview on the Angel Morning Show (AMS), he explained that one account is dedicated to roadworthiness and the other is for machines used for printing hardware and service level agreements.

“I don’t understand why I should pay for roadworthy and sign another contract for hardware. I have paid 60 million cedis for materials used in printing licenses, and the roadworthy debt has also been cleared,” he said on Tuesday, October 28, 2025.

He assured that he has engaged the Ministry of Transport and the Ministry of Finance to make efforts to resolve the situation and settle the three-year contract debt, as this marks the third year of the deal.

“Sincerely, DVLA do not have money to pay for the debt, not even 20 million dollars,” he stressed.

Contributor: Salamatu Adama

RelatedPosts

Dagbon Traditional Council notifies Otumfuo of Yaa Naa’s passing

Chiefs must stop allocating lands on waterways – President Mahama

Achimota Forest will not be sacrificed for private development – President Mahama

Tags: DebtDVLAJulius Neequaye Kotey
Samuel Sackey

Samuel Sackey

RelatedPosts

Dagbon Traditional Council notifies Otumfuo of Yaa Naa’s passing

Dagbon Traditional Council notifies Otumfuo of Yaa Naa’s passing

by Samuel Sackey
July 21, 2026
0

A delegation from the Dagbon Traditional Council on Tuesday, July 21, 2026, formally informed the Asantehene, Otumfuo Osei Tutu II,...

Future generations will judge us by our actions on reparatory justice – President Mahama

Chiefs must stop allocating lands on waterways – President Mahama

by Mubarak Yakubu
July 21, 2026
0

President John Dramani Mahama has appealed to traditional authorities to stop allocating lands situated on waterways, wetlands and other flood-prone...

Ghana should invest GH₵6 billion annually in research – President Mahama

Achimota Forest will not be sacrificed for private development – President Mahama

by Mubarak Yakubu
July 21, 2026
0

President John Dramani Mahama has assured Ghanaians that the Achimota Forest Reserve will not be sacrificed for private development, insisting...

President Mahama discusses health related matters with top UN officials 

Gov’t committed to protecting chiefs’ security – President Mahama

by Mubarak Yakubu
July 21, 2026
0

President John Dramani Mahama has assured traditional authorities that government remains committed to strengthening the security and protection of chiefs...

Six robbery suspects arrested after foiled highway robbery at Portor-Gurumpe

Six robbery suspects arrested after foiled highway robbery at Portor-Gurumpe

by Samuel Sackey
July 21, 2026
0

The Bono East Regional Police Command has arrested six suspects in connection with a highway robbery at Portor-Gurumpe in the...

NASPA suspends GH¢60 allowance deduction from service personnel

by Samuel Sackey
July 21, 2026
0

The National Service Personnel Association (NASPA) has announced the immediate suspension of the Capacity Building Programme agreement with Zeus Atlas...

Next Post
New DVLA plates will eliminate vehicle theft – CEO 

New DVLA plates will eliminate vehicle theft - CEO 

Adom-Otchere challenges OSP directive on asset declaration in High Court

Adom-Otchere challenges OSP directive on asset declaration in High Court

Connect with us

  • 870k Fans
  • 3.3k Followers
  • 278.1k Followers
  • 151k Subscribers

FIFA World Cup Updates

Category

  • Africa
  • Athletics
  • Business
  • Education
  • Elections
  • Entertainment
  • Features
  • Football
  • Health
  • Latest News
  • Lifestyle
  • Local News
  • Love and Sex
  • News
  • Opinion
  • Politics
  • Security
  • Sports
  • Tech
  • Top Story
  • Transportation
  • World
  • About us
  • Presenters
  • Shows
  • VIDEOS
  • PODCASTS

©2026- Angel Online

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Elections
  • Politics
  • News
    • Local News
  • Business
  • Education
  • Health
    • Lifestyle
  • Entertainment
  • Features
  • World

©2026- Angel Online