The Bueau of National Investigations (BNI) and the National Security have cleared the Managing Director of the Bulk Oil Storage and Transportation (BOST) Company Limited, Alfred Obeng Boateng, of any wrongdoing in the sale of 5 million litres of contaminated fuel, a document sighted by kasapafmonline as revealed.
This follows investigations conducted by the two state security agencies into the controversial sale of the contaminated fuel to Movenpiina Company Limited.
Some aspects of the intercepted report have it that:
1. The product contamination occurred on January 18, 2017 and the MD for BOST assumed office on January 23, 2017 and cannot be held responsible for it.
2. As a competent MD, he interdicted the officers involved and set up a six-member committee chaired by the Head of Internal Audit Department, Mr. Edmund Aquah on February 8, 2017 to find out the causes of the contamination.
3. The MD has received a draft copy of the committee’s report waiting for the final report on July 7, 2017.
4. A laboratory test from TOR and technical recommendation made by the General Manager, Terminal, Fred Ayarkwa indicated that out of the options available, selling the product for industrial purposes such as asphalt processing, texture and cement manufacturing was the best. This option was recommended to the MD because TOR is not refining currently and the laboratory result clearly stated that treating it would not give the required quality of AGO (Diesel).
5. Among the fifteen companies that expressed interest, Movenpiina price was the highest. Its initial price was GHS 0.90 per liter as the highest followed by Nation Links Oil which quoted GHS 0.80 per liter. Despite these quotations, BOST pushed Movenpiina to pay GHS1.30 per liter which is the highest BOST has ever sold contamination products. The highest that was sold under the previous administration headed by Kwame Awuah Darko was GHS 1.00 per liter.
The report in part further stated that per the company law, a company can transact business before incorporation which is referred to as pre-incorporation activities which is subject to ratification by the Board of Directors of the company.
It was also established that the private office of the BOST MD is at the Airport Residential Area whilst Movenpiina registered address is at East Legon with its operational office located at Awudomi. The telephone numbers of the company, according to the report, is different from that of the BOST MD.
It noted that Mr. Alfred Obeng Boateng is neither a Director nor a shareholder of Movenpiina according to documents at the Registrar General’s Department, hence, “could not see any link between BOST MD and Movenpiina.
Further findings of the security agencies also revealed that the National Petroleum Authority (NPA) has never licensed a single company or entity dealing in waste petroleum product in Ghana.
The report further revealed that between 2014 and 2016 under NDC, BOST sold contaminated products to more than 50 companies at the full glare of NPA officials but no red flag was ever raised. It said the new management followed the same convention and practice and has therefore not erred.
Findings of the report, Kasapafmonline.com understands, will be presented to the Minister of Energy, today, July 4, 2017.
Our sources say the Minister of Energy, Hon. Boakye Agyarko, upon receipt of the report will address the media to set the records straight and also announce the dissolution of the eight-member committee set up by the Energy Ministry to probe the matter.
Source: kasapafmonline.com
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The whole saga around this contaminated oil is quite interesting.Some are hell bent to paste this one transaction on the MD but following the sequence of events clearly, Mr Obeng Boateng could not have been part of any conspiracy.After all he took over on the 23rd while the contamination happened on the 18th of January.Who then could have planned and executed this one incident?.The propaganda is just at too high a gear and cannot set anything in motion.
Mr. sidique, do you read and understand before you talk? the committee was to probe allegation, and after they have finished their work , where do you want them to work? AT NDC party office?
Ex-president Kuffour always say the security agencies should be loyal to the country and not to him as the president. Anyways, the contaminated oil, I think could either be an error or an act of intent by a group to sabotage the economy of the country. Why do some MPs and Ministers own fuel filling stations? Digging deep into the matter, lot of heads would roll. Though, the BNI, et al have done their investigation, the sector minister for energy should allow the committee to present their findings. Their findings may include that of BNI et al to buttress their recommendations or not. If in the opinion of the committee they are satisfied with the outcome of the BNI et al findings, so be it. Further, this issue should be devoid of politics as usual and let us allow the system to work. Lastly, I think sector ministers should not be part of any committee(s) they set up to investigate cases under their ministry. This is because they cannot be referee and player at the same time.
Further findings of the security agencies also revealed that the National Petroleum Authority (NPA) has never licensed a single company or entity dealing in waste petroleum product in Ghana. The report further revealed that between 2014 and 2016 under NDC, BOST sold contaminated products to more than 50 companies So who are asking was the company registered? Just use your common sense that God has given you because there is no company registered to deal waste petroleum product and it's been there for a long time. The question you should ask is why do get these contaminated oil? Don't blame the new govt or the boss because it has been there for years
the invesitgation didnt tell us whether indeed those companies who bought the contaminated fuel were registered or not and when the companies came into being.
So this is what Nana Addo said he is coming to fight corruption? I laugh enter plagiarism inside. Just six months and people have started stealing and ***barred word***. This is just the beginning of the yet to see gargantuan corruption ever under this government. Where is captain smart? the government you calling to fight corruption has rather intensifies corruption
LET BNI COVER IT. AND WE SHALL SEE IF THEY WOULD COVER OUR VOTES ALSO IN 2020. WONDERING HOW THIS CURRENT GOVN'T IS GOING TO FIGHT CORRUPTION WHILES STANDING IN DEEP CORRUPTION. JUST WITHING SIX MONTH IN OFFICE HMMM MOTHER GHANA IS REALLY SUFFERING IN THE HANDS OF THESE POLITICIANS.
Hmmmmmmmmmmmmmmmmm! Ghana
***barred word*** today npp believe in bni . who hired the bni ***barred word*** ??? when u lie to the government it's a felony , but when they lie to us it's called politics. keep on lying 2020 we shall see.
yie 3bon ho kankankan. h3333 npp mo y3 corrupt papa. why dissolution of minister committee