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RADP / Pulse Ghana  >  news  >  business

Agyarko bans private firms from lifting BOST’s contaminated fuel

Magdalene Teiko Larnyoh

This measure follows the BOST scandal where some 5 million litres of substandard fuel was reportedly brought onto the market by Movenpinna Energy and Zup Oil.

He explained that this is part of the interim measures to prevent the supply of contaminated fuel onto the Market.

“One of the interim measures is that no longer will individuals be allowed to lift contaminated products out of BOST,” he said.

READ ALSO: NIB and ADB to merge?

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“We also noted that as soon as products were lifted out of BOST, you lost control of its track. As an interim measure, it is only BOST with its BVRs that can lift products to designated end-use consumers under the care and control of BOST. No longer are private companies allowed to lift products to unknown destinations. This became obvious during the preliminary investigation conducted by FDA itself whose preliminary results were released to the public. So we are taking the obvious which can remediate some of these deficiencies and shortfalls,” he added.

This measure follows the BOST scandal where some 5 million litres of substandard fuel was reportedly brought onto the market by Movenpinna Energy and Zup Oil.

READ ALSO: BOST MD, Alfred Obeng, under two separate investigations

However, Boakye Agyarko said the Ministerial Committee charged with investigating the scandal had not completed its work.

He added that they would submit their report to the Mines and Energy Committee of the House when it was ready, after which a white paper will be issued on it.

Magdalene Teiko Larnyoh Magdalene Teiko Larnyoh A feminist at heart and a lover of art. She loves to write on business, politics and health.

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