Registration of petroleum transportation vehicles compromised - Report

Registration of petroleum transportation vehicles compromised - Report

- The Chronicle newspaper is reporting the process of registering Bulk Road Vehicles (BVRs) for transporting petroleum across the country has been compromised.

- The situation, the paper says, means that petroleum products can be diverted with impunity

- It says when such diversions occur, the authorities will not be able to trace the illegally registered vehicle

Click here to get the latest news in Ghana

The process of registering Bulk Road Vehicles (BRVs) to convey petroleum products across the country has been compromised, the Chronicle newspaper has been reported.

Registration of petroleum transportation vehicles compromised - Report

A bulk road vehicle for transporting petroleum. Image Credit: Citifmonline.com

READ ALSO: Christopher Opoku's last words about death will break your heart Christopher Opoku's last words about death will break your heart

According to the paper, this has created room for the easy diversion of petroleum products, sparking fear among people who have properly registered their transportation vehicles.

The National Petroleum ACT 2005 (ACT 152) requires all BRVs, apart from being legally registered, to have documentation which include certificates of incorporation and commencement of business; certificate for carrying LPG; Vehicle insurance certificate; Driver and mate accident insurance policy and goods-in-transit (GIT) insurance policy.

Other requirements are Driver Vehicle & Licensing Authority (DVLA) road worthiness certificate and testing certificate from Road Safety Limited/State Transport Corporation.

The Chronicle's report said many transportation vehicle owners were not adhering to those requirements in the registration of new trucks.

The report said many of the new trucks were owned by people without registered companies who want to avoid regular safety inspections carried out by regulators.

In other cases, people registered without having vehicles or garages, the report added.

Every month, the Bulk Oil Storage and Transport (BOST) dispatches 1,000 BRVs, with total product cost of GHc200 million.

The risk associated with poor registration or non-registration of such vehicles is that the system becomes vulnerable to diversion, since some of the trucks do not have proper address systems to be traced in the event of such illegal pratices.

The Chronicle had earlier blown the cover of a cartel operating in the petroleum sector, which was diverting fuel meant for export to the local market.

Their modus operandi, The Chronicle gathered, was to load petroleum products from various storage points such as the Accra Plains Depot, Chase Petroleum, Tema Fueltrade, Sahara and Cimus, using vehicles fitted with foreign registration plates from the Sahel states.

After leaving the depots, the foreign registered number plates were replaced with local ones for diversion into tanker yards dotted around the Tema Heavy Industrial Area, Kpone Barrier, Golf City and Bethlehem.

Shockingly, waybills accompanying the products from the loading depots were conveyed to the nation’s designated exit points and fraudulently recorded as having crossed our borders into neighbouring states.

The cartels have been identified as responsible for not only revenue loss to the state, but also smuggling sub-standard petroleum products into the country.

Share your views on this with us in the comments section below.

Do you have any tip or information for us? Do you have a story to share? Contact us on Facebook and reach us via email at info@YEN.com.gh.

READ ALSO: JB’s family points 'suspecting fingers' at wife JB’s family points 'suspecting fingers' at wife

Source: Yen.com.gh

Related news
Free SHS: 46-year-old woman appeals for trunk, chop-box for her son

Free SHS: 46-year-old woman appeals for trunk, chop-box for her son

Free SHS: 46-year-old woman appeals for trunk, chop-box for son
YEN.com.gh
Mailfire view pixel