General News Thu, 3 May 2018
Special Prosecutor Martin Amidu seems to have started tackling issues on his desk as he prepares to deal with what seems to be his first major case.The Special Prosecutor has responded to a petition brought before his office by the Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, to interrogate and investigate alleged crude oil sale by the Bulk Oil Storage and Transportation Company (BOST).
In a letter dated April 11, 2018, and signed by Martin A.B.K Amidu, the said petition was acknowledged as received by the Special Prosecutor.
“I have carefully read your petition and directed that it should be brought up to the appropriate division for future action as soon as it is established,” the letter stated.
‘Further and better particulars’
The letter also stated that once the composition of the core basic organs of the Office of the Special Prosecutor is completed, COPEC’s petition will be promptly dealt with.
Executive Secretary of COPEC Duncan Amoah was also directed in the letter to be ready to provide “further and better particulars” with regard to the issues raised in the petition.
The Managing Director of BOST was also copied to be informed about the pendency of the petition brought against his organization.
In March 2018, the Chamber of Petroleum Consumers (COPEC) petitioned the Special Prosecutor to investigative issues surrounding the sale of some 1.8 million barrels of crude oil by Bulk Oil Storage and Transportation Company (BOST) to an oil marketing company called BB Energy; a company COPEC alleges is unlicensed.
COPEC had alleged the deal is “shady” and was brokered at a discounted price of $2 per barrel, which they argue has caused the state to lose $5.1 million.
BOST had denied any wrongdoing in the deal, arguing that discount sale is an acceptable practice on the commodity market and that BB Energy did not need license to do the transaction.
Source: 3 News