General News Wed, 9 May 2018

Ministry of Energy sets up committee to investigate GCMCL impasse

The Ministry of Energy has set up a three-member committee to conduct investigations into the alleged mismanagement of affairs at the GCMCL, levelled against the Chief Executive Officer (CEO), Frances Essiam.

This comes after the company’s board upon suspending the CEO, recommended at a meeting held on May 8, 2018, that a committee is set up to investigate the allegations made against Madam Frances Essiam.

The Ministry of Energy revealed that it was with the State Enterprises Commission (SEC) to make the investigation possible. (clarity)

“It is the considered view of the Ministry that due to the nature of the impasse and the fact that the Board is an interested party in the matter, an independent committee will produce a more objective result.

Consequently, the Ministry, in Consultation with SEC, has set up a three-member committee made up of a Senior Lawyer and Governance Expert, a Chartered Accountant and Banker, and a petroleum expert at the ministry to investigate the matter,” the Ministry noted in a statement addressing the situation.

Earlier this week, Madam Essiam was faced with allegations of procurement malpractices and corruption by some senior members of her outfit, a situation which got many talking.

Source: www.ghanaweb.com
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