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General News Tue, 27 Jun 2017

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Movenpiina got BOST deal while unregistered - Minority

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The Minority in Parliament has alleged that Movenpiina, the company that got a five million-litre fuel contract from the Bulk Oil Storage and Transportation Company Limited (BOST), was not registered as a company even before it got that contract to distribute what has now turned out to be contaminated fuel onto the market.

At a press conference addressed by Ranking Member on the Mines and Energy Committee, Emmanuel Armah-Kofi Buah, the Minority said apart from the anomaly of being awarded a contract while the company was not in existence, there was no competitive bidding.

“Further information available to us indicate that Movenpiina Company Limited put in a proposal to purchase the fuel on the 19th of May, 2017. Interestingly, checks from the Registrar General’s Department suggest that the company was incorporated to trade and transport fuel on the 29th of May 2017,” Mr Buah said.

“So the company already won a 5m-litre [contract] when the company had not even been registered. This clearly suggests collusion on the part of the actors.”

The Minority also noted that the Managing Director of BOST, Alfred Obeng Boateng, gave Movenpiina special treatment in the award of the contract.

“Information available before us also indicate that the Managing Director took a decision to grant Movenpiina Company an Open Credit sale against all the advice from his own staff. This means the company bought the product without paying for it and in turn sold the product to a third party, ZUPOIL at 30% higher. This is a mark of higher corruption,” the Minority noted.

“And this is very important: the company ZUPOIL … got it because it was supposed to have a storage facility, this company doesn’t even have a storage facility, in fact the checks we’ve done with the NPA also indicate that this company has not even been licensed by the regulator and it doesn’t have a storage facility so if a company like that gets five million litres of fuel, it pushes it in trucks and sends it to the market.”

Source: Class FM

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