Managing Director of the Bulk Oil Storage and Transportation Company Limited (BOST), Alfred Obeng Boateng, has been sacked.
A letter signed by the Executive Secretary to the President, Nana Asante Bediatuo stated that President Akufo-Addo has terminated the appointment of Mr.Obeng Boateng as part of a restructuring in the management of some companies.
The letter added that the former BOST boss has until close of business on Friday, June 8, to hand over to one George Mensah Okley.
The Chamber of Petroleum Consumers (COPEC) recently accused the Bulk Oil Storage and Transportation Company (BOST) and its Managing Director, Alfred Obeng Boateng of causing financial loss to the state in a 1.8m crude oil sale.
The accusations follow a major scandal which involved BOST selling some 5-million litres of contaminated fuel to 38 unlicensed companies, and the subsequent 1.8m crude oil sale in September 2017.
Mr. Boateng was, however, cleared by Bureau of National Investigations (BNI), according to Energy Minister Boakye Agyarko who had set up a committee to investigate the sale.
Below is a copy of the termination letter: