Audio By Carbonatix
The Ministry of Energy and Petroleum has noted with great concern some confusion that has been created as a result of a front page publication of the Ghanaian Times newspaper dated September 12, 2013 and captioned:“GNPC SHIP SOLD ... To pay judgment debt".
The story states inter alia that "the Drill Ship belonging to the Ghana National Petroleum Corporation (GNPC) has been sold without the knowledge of the corporation."
The story continues "the Discoverer 511 (Drill Ship) was sold at $24 million by the Ministry of Energy, to defray a judgment debt of $19.5 million to Societe Generate, as ordered by a high court in London."
This reportage has generated some level of confusion in the media as to the period this alleged transaction occurred, how much was involved and who authorized it. The Ministry of Energy and petroleum wishes to state categorically that this deal took place on the 17th July, 2001 during the administration of the New Patriotic Party.
As to questions like: what precipitated the case in the UK court; how much money was realized from the sale of the drill ship, Discoverer 511 and when was it sold are subject of investigation by the Commission of Inquiry into Payment from Public Funds Arising from Judgment Debts.
The Ministry of Energy and Petroleum is currently cooperating with the Commission to unravel the mystery surrounding this transaction and therefore wishes to reassure the general public that it will at all times endeavour to be transparent and accountable to Ghanaians.
Signed
Edward Bawa
(Head of Communications)
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
MTN Ghana spreads Y’ello Cheer to Christmas Babies in Savannah Region
2 seconds -
Most Ghanaians say living conditions have improved over the past year – Global InfoAnalytics
15 minutes -
Banks and Telcos respect Only Money, not Customers
19 minutes -
Majority of voters back extension of presidential term to 5 years – Poll
39 minutes -
Kennedy Agyapong has what it takes to defeat NDC if he wins NPP primaries – Aide
41 minutes -
Ghana’s Extradition Bid for former Finance Minister faces Probable Cause hurdle in US Federal Courts
41 minutes -
Benjamin Asare is 70% ready to return – Didi Dramani
57 minutes -
GH₵50 fee dispute turns violent as client assaults sex worker in Sekondi
1 hour -
ECG restores electricity credit purchases for MMS-compliant meters
2 hours -
Gender Ministry, SOC-G, validates Non-Profit Organisation Secretariat operational documents
2 hours -
ECG restores power credit purchases for MMS-compliant prepaid meters
2 hours -
Nafan FC crowned champions of inaugural PAJ Foundation giveback tournament
2 hours -
Prof H. Prempeh questions compulsory retirement at 60, proposes extended working age for lecturers
3 hours -
Trump says progress made in Ukraine talks but ‘thorny issues’ remain
3 hours -
Fear and confusion in Nigerian village hit in US strike, as locals say no history of ISIS in area
3 hours
