The Energy Minister, Dr. Matthew Opoku Prempeh, has revealed that crude condensate worth $2.5m has gone missing from the Tema Oil Refinery (TOR).
Dr. Prempeh stated that the deal he secured for TOR in the premix sector has left the funds unaccounted for.
“I gave TOR a new business opportunity in the premix fuel market that all the condensate from Ghana Gas should be used for making premix fuel. The last time I heard, Over 2.5 million dollars worth of condensate had gone missing from TOR,” he said.
He assured the public that the government is doing everything possible to revive the refinery following an appeal by workers. However, workers are calling for the dismissal of the Managing Director, Jerry K. Hinson, over allegations made against him.
The General Transport Petroleum Chemical Workers Union (GTPCWU) has announced their intention to picket at the Jubilee House, Ministry of Energy, and other strategic locations.
In response, Mr. Hinson in a letter warned workers that any illegal strike action or picketing will be dealt with according to the law, citing clauses 168-171 of the Labour Act.
“Kindly be aware of the illegality of any such actions under clauses 168- 1 71 of the Labour Act and the consequences thereunder for participants/staff involved. Please be aware of section 171 in particular which emphasises the term “picketing” which is only lawful in furtherance of a lawful strike/industrial action,” he said.
“Kindly be advised finally that participation of staff in any illegal action or picketing or indeed any act that purports to disrupt the activities of the Company or possibly undermine the authority of the Shareholder will be subjected to the prescribed ramifications under the relevant laws.”
Latest Stories
-
13th Ghana Information Technology and Telecom Awards launched
6 mins -
Comedy of electioneering campaign policy: NDC’s 24-hour economy tricks
13 mins -
We will remain vigilant in our oversight operations of all financial institutions – Governor
14 mins -
Ghana’s economic recovery has been strong and steady – Finance Minister
16 mins -
Government completes 50 premix fuel automation machines at landing sites – Fisheries Minister
24 mins -
FBNBank changes its name to FirstBank Ghana
31 mins -
Akwaboah Jnr ties the knot
38 mins -
Women’s FA Cup semis: Army Ladies face FC Epiphany; Police Ladies up against Supreme Ladies
2 hours -
Police haul in Kwadaso MP, EC officials in probe of Ejisu by-election ‘bribery’ case
3 hours -
Ghana’s press freedom ranking: Are we actually improving?
4 hours -
Reflections: 50 Lessons at 50
4 hours -
NCCE briefs Council of State on civic plans for 2024
5 hours -
Ecobank Group reports Profit Before Tax of $581m, on net revenue of $2.1bn for 2023
5 hours -
More businesses are working to move out of Ghana – Food and Beverages Association
5 hours -
Empowering Ghana’s Environmental Narrative: Celebrating World Press Freedom Day 2024
5 hours