The President, John Mahama has since directed Brigadier General I. B. Quartey (rtd) to take over the management of the company pending conclusion of the investigation.
This comes on the back of an indefinite strike which was embarked on by the workers of the company on Monday followed by a demonstration in Accra demanding the dismissal of the Board chair, Osabarima Ansah Sasraku III and Deputy Managing Director, John Awuku Dzuazah.
They accused them of being responsible for the disappearance of 12 buses belonging to the company.
Passengers nationwide were left stranded as a result of the strike but the MMT workers however called off the strike after the intervention of the Transport Minister, Dzifa Ativor.
They however indicated that they will petition the President to intervene in the matter to save the company from a possible collapse.
By: Efua Idan Osam