Minority worried BOST is being used as an avenue to siphon state funds

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The Minority in Parliament has asked for a full scale investigation into the sale of some 1.8 million barrels of crude oil at a discount, leading to the loss of GH¢23 million in revenue to the state.

According to the Minority, BOST has been used as an avenue to siphon government funds.

The Minority Spokesperson on Energy Adams Mutawakilu who spoke on this issue called for an investigation into the matter by saying “The President Nana Akufo-Addo must sit up and make sure that his boys do the right thing”.

“Ghana is for all of us. He shouldn’t allow his boys to siphon Ghana’s money or cause financial loss to the state and expect us to support him.There must be a thorough investigation and any debt arising should be surcharged on the [BOST] MD for taking the wrong decision.”

The Minority’s stance corroborates the Chamber of Petroleum Consumers (COPEC), which has indicated that the amount was lost from a transaction the Bulk Oil Storage and Transportation Company (BOST) had with BB Energy Company.

The current controversial transaction which occurred in September last year came months after a major scandal involving the sale of some five million litres of contaminated fuel.




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