The Auditor Generals Department in its 2017 report on public boards has indicted management of the Ghana National Petroleum Corporation (GNPC) for failing to recover ¢778,565,761 from government and state-owned enterprises.
The amount owed by the government of Ghana, Finance Ministry, Tema Oil Refinery and Ghana Gas has been outstanding since 2015.
Appearing before the Public Accounts Committee, Deputy CEO of GNPC, Joseph Dadzie, disclosed that even though there are moves to recover the debts, the development has gravely affected the cash flow of the corporation.
Meanwhile, there were heated exchanges during the sitting over GNPC allocations to Okyehene, EOCO, Rebecca foundation and others.
Ningo Prampram MP Sam George asked why the board of GNPC had to directly approve more than ¢5 million to be paid to the mentioned individuals and entities without routing it through the GNPC foundation.
Board Secretary, Matilda Ohene, who was present struggled to answer resulting in a follow up from Chairman of the Committee James Klutse Avedzi.
This was, however, greeted with disdain from Deputy Ranking Member for the committee, Mohammed Hardi Tufeiru. The development brought the proceedings to an abrupt end.
