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Okoe-Boye commends IMC of TOR for unearthing GHS10m rot, asks EOCO, NIB to probe further

Wed, Oct 6 2021 11:56 AM
in Business News
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Former Member of Parliament for Ledzokuku, Dr Bernard Okoe-Boye has commended the Interim Management Committee for commissioning internal investigations in the operations of the refinery which uncovered the rot.

He has asked the Police, The Economic and Organized Crime Office (EOCO) and the National Intelligence Bureau (NIB) to take up the matter and further investigate it.

His comments come after some staff of the TOR have been interdicted for their involvement in the alleged theft of GHS10.4 million worth of cables.

According to the Interim Management Committee (IMC), the affected staff “who hold various positions of responsibility and accountability concerning the transfer of products, have been queried and interdicted pending the outcome of investigations.”

It added “The Interim Management Committee (IMC) at the Tema Oil Refinery (TOR) Ltd. has as part of its ongoing mandate to conduct Technical and HR audits, and also access viable business partnerships for the Refinery have concluded that consistent product and financial losses need to be eradicated completely if the Refinery is to meet its vast potential.

“Hence the IMC has committed to establishing a ‘zero tolerance culture for unacceptable product losses’, commenced investigations into a number of product storage and transfer losses recorded in the company over a period of time.

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“Consequently, a number of workers who hold various positions of responsibility and accountability with respect to the transfer of products have been queried and interdicted pending the outcome of investigations”.

The statement added: “The IMC however wishes to reiterate that the investigations will be carried out with due consideration to a fair process. We implore everyone to be patient and not jump to any conclusions until investigations have been completed.

“Individuals who are found not responsible nor accountable for the financial and product losses would be fully restored while those found responsible and accountable in the chain of command ( with respect to product losses during storage, movement and transfer will be dealt with accordingly”.

Speaking on this development on the New Day show on TV3, Dr Oko Boye said “It takes human beings or people to build, it takes human beings or people to destroy. It takes human beings to sustain or nurture an inefficient system, it takes same human beings  to address it.

“I am saying this just to put in perspective that the kind of working environment that allows these things to happen, I suspect strongly , the kind of leadership  that allows this to happen  is not the same leadership  we are having now.

“That is why most efficient international companies  don’t joke with rotation  of their  branch managers  of heads  so that whatever is happening at one place when a new person comes  you will normally will do an audit  of the system  and give a report  so that of anything happens  the liability is not ascribed  to you.”

“I am happy that there is a new leadership that is alerting us of all these. It tells us how worrying things can be at certain places in this country.

“I will call on the state bodies, NIB , the Police ” to come in, he told host Johnnie Hughes.

Source: 3news

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