Reports reaching Myjoyonline.com indicate the Chairman of the Senior Staff Association of BOST has been sacked.

Mr. Albert Mantey was reported to have led some agitation at the state-owned Bulk Oil Storage and Transportation Company Tuesday.

BOST and its business partners, the Bulk Oil Distribution Companies (BDCs) have been engaged in heated disagreements over quantities of products stored there.

The BDCs say BOST owes them more than 50 million dollars on account of product losses.

They say since 2009 when they started using the storage facilities of BOST to store their petroleum products, they have consistently suffered losses.

These losses, according to the Chief Executive of the Chamber of the BDCs, Mr. Senyo Hosi, run into hundreds of millions of litres.

BOST is, however counterclaiming that the BDCs owe it money because they overdraw whenever they issue orders for products.

The BDCs parried this argument by maintaining that when they started using the facilities, BOST had no products of its own stored in the tankers.

The accusation of overdrawing could, therefore, not be sustained.

Board Chairman of BOST, Mr. Kakra Essamuah, however maintains that some of the BDCs had drawn from the stock of other BDCs resulting in shortages that were blamed on BOST – another allegation Mr. Hosi roundly rejected.

The Board Chairman said an audit report had showed that the acts of omission and commission of some staff of BOST had “brought us to this sorry path.”

He said the company had written to all such staff “and we are waiting for their responses.”

It is unclear if the current issues have anything to do with Mantey’s dismissal.