Jovan Johnson, Gleaner Writer
The Jamaica Urban Transit Company (JUTC) says it will relentlessly continue its aggressive drive to root out fraud and stem revenue leakage at the company.
The JUTC’s managing director, Colin Campbell, says the company estimates that fraud accounts for five per cent or $550,000 of daily revenue.
He was speaking during The Gleaner Online's current affairs programme On the Record.
The company’s daily revenue is approximately 11 million dollars but it racks up $250 million in losses annually.
Since Campbell's appointment in August, a Franchise Protection and Inspection Unit was created to cleanse the State-owned company of fraud and other sources of revenue leakage.
The unit is headed by former head of the police traffic division Radcliffe Lewis.
Campbell says with the unit’s renewed operation along with other changes, the average monthly revenue since August has moved from $200 million to $320 million.
Ten 10 drivers and mechanics were arrested and charged last month for their involvement in schemes to defraud the bus company.
The company has also discontinued its transfer system as part of its anti-fraud drive.
Meanwhile, the JUTC managing director says 20 new articulated buses are to be added to the company’s fleet early next year.
An additional 73 regular buses are also to be added by the end of the first quarter.
Campbell says with the sourcing of more buses, it is important that the company’s revenue be increased to support the JUTC’s maintenance services.
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