News:
August 2, 2017
The honorable Member of Parliament for the New Juaben South constituency in the Eastern region and Chairman of the Finance Committee of Parliament, Dr Mark Assibey-Yeboah has reiterated Parliaments call to the management of GNPC to focus attention on the delivery of its core mandate to the people of Ghana.
According to him, Parliament is not totally against GNPC’s funding of the Black Stars but has a responsibility to ensure that activities of GNPC is streamlined according to the law that established it.
DrAssibey observed that GNPC has often times went beyond its mandate into other functions including handing over money to other state entities which are not supposed to be hence the need for Parliament to act.
The renewed call came in the wake of the Public Interest and Accountability Committee (PIAC) report on how oil revenues were utilized in 2015.
It indicates that GNPC made financial commitments to Tema Oil Refinery (TOR), Bulk Oil Storage and Transportation (BOST) Company which are outside its mandate.
GNPC as the headline sponsor of the Black Stars has since 2013 been committing $3million annually to the team.
By Christian Kpesese/ ghanamps.com