BOST MD, Alfred Obeng, under two separate investigations

The Ministry of Energy has formed an 8-member committee to probe the controversial deal, while the Bureau of National Investigations is also said to have commenced it owe investigation into the matter.

Two separate investigations have been launched into how the Managing Director (MD)of the Bulk Oil Storage and Transport Limited (BOST) sold 5 million litres of contaminated oil to Movempiina oil.

The Ministry of Energy has formed an 8-member committee to probe the controversial deal, while the Bureau of National Investigations is also said to have commenced it owe investigation into the matter.

The beleaguered MD of BOST, Alfred Obeng, has been accused by the Minority in parliament of disposing off the fuel under strange circumstances.

They estimated that Ghana may have lost about $7 million through the sale of the fuel to Movempiina without competitive bidding.

The Majority, last Friday, called for the investigations to be expanded to cover the tenure of the former BOST MD, Awuah Darko.

At a press conference, they accused Mr Darko, who was the National Democratic Congress Parliamentary Candidate for the Ayawaso West Wuogon, of setting aside a slash fund to the presidency.

They also launched an attack on former president John Mahama and his Chief of Staff, Julius Debrah, of taking questionable money from BOST. Under the 8-member committee formed by the minister of energy, the committee is expected to among other things “determine the circumstances that created the off-spec product.”

The committee will also ascertain if the product can be corrected, if not determine the alternative use for the product and further review the transaction.

Meanwhile, staff of the Bulk Oil Storage and Transportation (BOST) have claimed that the controversy surrounding the contaminated fuel deal is being fueled by insiders to cover-up financial malfeasance under the previous management.

They have absolve the MD of any wrongdoing in the sale of the contaminated fuel.