A Striking Calculation in the Istanbul Metropolitan Municipality's Vehicle Tender! Vehicles Could Have Been Purchased with the Equivalent of 3 Months' Rental Fees.
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The Court of Auditors' report revealed a shocking picture in the Istanbul Metropolitan Municipality's multi-billion lira vehicle rental tender. It was determined that the monthly rental fee for a vehicle with an insurance value of 1,493,000 lira reached 496,000 lira. According to this, the vehicle could be purchased with just three months' rental income.
The Court of Accounts determined that some of the Istanbul Metropolitan Municipality's (IMM) vehicles could have been purchased for the equivalent of three months' rental costs. The report stated: "The average insurance value of the vehicles in group 6 is 1,493,355 Turkish Lira. The monthly rental cost paid by the Administration for these vehicles is 496,000 Turkish Lira. Therefore, if the Administration wanted to purchase the vehicles instead o…
The Istanbul Metropolitan Municipality's (IMM) vehicle rental tender, with a contract value of 3 billion 375 million 868 thousand 924 Turkish Lira, has been included in the Court of Accounts report. The audit revealed that some vehicles, excluding passenger cars... Click here for more.
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