Politics

275 buses: GNPC gives Freddie Blay away

The Ghana National Petroleum Corporation (GNPC) has brushed aside speculations that it sponsored the purchase of 275 buses for Board Chairman, Freddie Blay.

The Chief Executive Officer of the GNPC, Dr. Kofi Kodua Sarpong, said his outfit has a robust and cogent financial system that is immune to exploitation and abuse.

In a statement released on Monday, the GNPC stressed that Mr Blay acted on his own in the purchase of the buses and that at no point did the organization offered support.

The Minority in Parliament had demanded an immediate forensic audit of the GNPC accounts following what it called the “vulgar opulence” of its board chairman, Freddie Blay.

The GNPC however said the work programme was only approved after “an extensive debate” in Parliament.

“Our records are there for verification anytime by anyone. We wish to let the public know that GNPC’s financial records are audited by Ernst and Young, one of the “Big Four” international auditing firms, which adheres to very high standards,” the statement added.

Blay’s 275 buses for NPP

The newly-elected Chairman of the NPP has come under pressure regarding the 275 buses purportedly purchased by his campaign.

At least 100 of the controversial buses were delivered by Mr. Blay few days to the NPP National Delegates Conference held at Koforidua in the Eastern region.

Mr. Blay, had indicated the Buses were procured for all 275 constituencies as part of his plans to resource the party.

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