Audio By Carbonatix
The Civil Society Platform on Oil and Gas has condemned a suit brought by the Saltpond Offshore Oil Company against the Chairman of the Public Interest Accountability Committee over recent comments he made about the company’s obligations to the state.
The company sued the PIAC Chairman and the Ghanaian Times for suggesting it had failed to pay government’s share of the revenue accruing from oil production in the Saltpond Field into the Petroleum Holding Fund, as required by law.
Addressing a news conference this morning, the civil society group dismissed the threat as an attempt to cow the oil revenue watchdog from playing its role effectively.
Chairman of the Civil Society Platform on Oil and Gas, Steve Manteaw told Joy News’ Sammy Darko the organization was “also demanding explanation from the Ministry of Finance, particularly the minister, on why he condoned the practice of paying monies relative to the operations of the Saltpond Fields into the non-tax revenue accounts when he was aware of the new statutory arrangements for receiving such payments.”
Dr Manteaw said all monies paid into the Finance Ministry’s non-tax revenue accounts should be moved into the petroleum holding fund and properly accounted for.
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
-
“Ghana has moved from ICU to wellness center” — Finance Minister declares economic recovery
19 minutes -
Ato Forson highlights “turning point” in economic recovery strategy
22 minutes -
NACSA Seminar: Gender Minister demands an increased role for women to end gun violence
28 minutes -
Full text: Statement on Ghana’s new engagement with IMF
35 minutes -
US trade mission to visit Ghana
1 hour -
Tempane: Three suspects arrested over deadly Worinyanga attacks
1 hour -
EU fines Temu €200m for allowing sale of illegal products
1 hour -
Portugal breaks hottest May day record as Europe swelters in heatwave
1 hour -
KetaFC celebrates “vindication” after Volta RFA Middle League controversy
1 hour -
Professor Joseph Ofori-Dankwa receives 2026 Lifetime Leadership Impact Award
1 hour -
United Pension Trustees advocates menstrual hygiene awareness and support for girls in Juaben
1 hour -
The age when the body starts ageing faster
1 hour -
Controversial Volta RFA verdict triggers calls for GFA intervention
1 hour -
AIMS Ghana, University of Waterloo lead push for stronger mathematics education at HTTMC 2026
1 hour -
NADMO dismisses claims residents were not warned before Weija Dam spillage
3 hours