- The NPA has assured the public that the unlicensed companies involved in the BOST saga will be sanctioned
- The acting CEO said while investigations are still ongoing, preliminary reports show that the companies are accountable for their involvement in the transaction
Movenpiina Energy, Zup Oil and the over 40 unlicensed companies that purchased the contaminated fuel from the Bulk Oil Storage and Transport will face sanctions from the National Petroleum Agency.
This was indicated by the acting Chief Executive Officer of the agency, Alhassan Tampuli.
According to him, the NPA was still investigating the circumstances surrounding the BOST incident, but the companies would be held accountable to participating in the transaction.
Mr. Tampuli spoke to Citi FM, when he stated: “Nobody has said Movenpiina and Zup Oil will not be sanctioned for trading in the downstream business without a license. That also extends to the 49 companies which engaged in the business of trading in the off-spec petroleum products without a license. And we will go after every single one of them”
Mr. Tampuli further criticized the former deputy Power Minister, John Jinapor who had accused the government of covering up the BOST scandal with their report.
“John Jinapor should not in his zeal to deal with this matter indict government and indict the minister by muddying the waters and creating factions that do not exist. He should start by offering the Ghanaian public an apology for sitting down and watching this off-spec business to go on for so long,” the NPA CEO said.
Last week, it emerged that BOST had engaged in the sale of about 5 million litres of contaminated fuel to some oil companies, which would have cost the state about GHC 7 million in revenue.
Some reports indicated that the fuel was already in circulation at some filling stations, but the NPA has assured motorists that these reports are false.
The current managing director of BOST, who was cited in the transaction has however been cleared of any malpractice by the Bureau of National Investigations and the National Security
Meanwhile, the Minority has accused government of covering up the BOST saga through the BNI’s directive to halt investigations.
They demanded the BNI release their report to the public, and explain why the Ministry of Energy should cease all investigations into the matter.
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