Politics

COPEC applauds Akufo-Addo for sacking BOST boss

The Chamber of Petroleum Consumers (COPEC-GH) is all praise about President Akufo-Addo for removing the immediate past Managing Director of the Bulk Storage and Transportation (BOST) Alfred Obeng Boateng from office, following recent scandals that rocked the company.

In a statement signed by the Executive Secretary, Duncan Amoah, he said, “The president has indeed demonstrated his aversion for corruption and we believe all others in other key positions will take a cue and not engage in acts that only serves their pockets to the disadvantage of the institutions they have been appointed to.”

The COPEC-GH boss, Amoah and the former BOST MD, Alfred Obeng Boateng have been in engaged in fracas on several controversial issues which the former had attributed to “bad management decisions” by the past Managing Director.

Popular of these scandal allegations that Obeng had allowed his outfit to put out over 5 million litres of contaminated oil onto the market through unlicensed firms; a development which attracted widespread condemnation from COPEC, Acep, IES and the entire public.

BOST Boss Fired

Notwithstanding, Mr Alfred Obeng months later was also caught up in the trading off and selling of over 1.8 million barrels to two companies at a rate way below the then prevailing market rates leading to huge financial losses to BOST and the state at large, reports say.

However, Mr Obeng’s appointment was affected in the wake of the stroke of dismissals that hit several CEOs of parastatal agencies by President Akufo-Addo.

The government dismissed Mr Alfred Obeng Boateng as the Managing Director of the Bulk Oil Storage and Transport Company last week, and appointed Mr George Mensah Okley to take over from him.

This was contained in a letter signed by the Executive Secretary to the President, Nana Bediatuo Asante dated June 5, 2018.

Reacting to the development, COPEC says: “the President’s master stroke to give BOST a new MD will not only boost public confidence but also boost the confidence of the business community in the company to ensure the Global Major Oil Traders all of whom had withdrawn from carrying out any business with the company, will now find a good reason to renew business operations with BOST.”

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Source: Asempanews.com

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