The Bulk Oil Storage Transportation Company (BOST) has indicated that it’s implementing effective corporate governance measures to help management to deal with current challenges bedeviling the industry.
BOST, in a statement issued recently in Accra and signed by George Mensah Okley, Managing Director, said it has taken notice of a publication relating to a letter written by the pressure group OccupyGhana to the Chief of Staff, Akosua Frema Osei-Opare, asking for investigations into alleged smuggling and illegal dealings captured in the 2017 report of the Chamber of Bulk Oil Distributor (CBOD).
“While we are yet to be served with a copy of the said letter, we wish to state that management has seriously taken note of the concerns of OccupyGhana as noted in the various media publications.”
“We wish to assure the general public that the current management considers it a priority to radically restructure our business to make it more transparent and accountable.”
It said as part of the ongoing transformation, management is committed to ensuring that all investigations and audits relating to alleged irregularities would be conducted in the most open and transparent manner.
“We welcome suggestions and concerns of all well-meaning public spirited Ghanaian on how best to improve our business for the betterment of the nation. Finally, we wish to state that while we fully understand the critical role our company plays on the downstream industry, management of BOST is fully aware of the trust they hold in the name of the President and people of Ghana.
“As a company set on the value of discharging its mandate with integrity, BOST would work effectively to become a true leader in our business.”
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