News:
March 15, 2018
Chairman of the Committee on Mines and Energy, Emmanuel Akwasi Gyamfi has said the Bulk Oil Storage and Transportation Company (BOST) and other interested parties around which controversy have surrounded will be engaged by the committee to be better inform on how to deal with the issues.
Mr. Duncan Amoah the Executive Secretary of the Chamber of Petroleum Consumers (COPEC) has accused BOST of causing financial loss to the state to the tune of 30 million dollars when it sold about 1.8 million barrels of oil below the market price to an unlicensed company.
“We engaged BOST before this issue came up, and we were scheduled to meet them again when this issue came up. We want to take our time and meet them and do proper due diligence; we have to get the necessary documentation so that we can reach an informed decision,” he remarked
The Managing Director of the Bulk Oil Storage and Transportation Company (BOST), Alfred Obeng Boateng, has so far denied allegations of financial malfeasance against the company by the Chamber of Petroleum Consumers (COPEC), saying they are false and baseless.
By: Kwaku Sakyi-Danso/ghanamps.com