Reports picked up by The Herald, have revealed confusion between the management and the board of Ghana National Petroleum Corporation (GNPC) over the recent payment of GH¢5.42 million as sponsorships and donations to Okyenhene Amoatia Ofori-Panin, First Lady, Rebecca Akufo-Addo and others by the institution.
It is, therefore, untrue that the board led by Freddie Blay had okayed the release of the cash as said by Dr. Baah Nuarko.
Last week, the Daily Dispatch newspaper in its November 12, 2019 edition also reported that there had not been an approval by the GNPC Board for theGH¢5.42 million payment out of a GH1552 million meant for projects and institutions.
It said “our checks at Fiesta Hotel (where the GNPC mostly hold their Board meetings) showed that only two members of the seven-member Board and the Board Secretary, Ms. Matilda Ohene, showed up. Thus, there was no quorum. For the avoidance of doubt, the Chief Executive Officer (CEO) of the GNPC and Board member was ABSENT”.
Aside Freddie Blay, who is the Board Chairman, others on the board are; Prof. J.S. Nabila, Ogyeahohoo Yaw Gyebi, Kwabena Kwakye, Yaw Kyei, Nana Adjoa Hackman and Dr. Sarpong as members. Ms. Matilda Ohene, who is the Board Secretary, is also the General Manager in-charge of Administration for GNPC.
The Herald had chanced upon a leaked memo from GNPC, showing its Board, has approved some outrageous amounts running into millions of Ghana Cedis, as donation and sponsorship requests for various institutions, including the Rebecca Foundation owned by Mrs. Akufo-Addo.
However, the biggest amount is allotted to Okyenhene, for his 20th Anniversary, to mark his ascension to the Ofori-Panin Stool.
On October 4, 1999, the Okyenhene was enstooled as the 35th Chief of Akyem Abuakwa, and state resources are to be used in celebrating that accomplishment.
Osagyefo Amoatia Ofori-Panin, who is a cousin to President Akufo-Addo, is getting a total of GH¢1, 500,000 for the celebrations for over three years period, specifically for “environment and greening”.
The Okyenhene, also gets additional GH¢300, 00.00 to organize the Anniversary, bringing the expenditure to a total of GH¢1, 800,000 just on celebrations.
It is not clear, which other state institution aside the GNPC is sponsoring the anniversary.
GNPC is also dishing out a massive GH¢400, 000.00 for the preparation of the 2019 Damba Festival for the people of Dagbon State of the Northern Region. It is not clear, how much the final expenditure will be.
The Ghana Journalists Association (GJA) is getting GH¢50, 000.00 of the GNPC cash, while the Ghana Boxing Association (GBA) is getting US$30,000.00 for no specified reasons aside donation and sponsorship requests as captured by the Memo, which has since gone viral on social media platforms.
The anti-corruption body; Economic and Organized Crime Office (EOCO) is getting a whopping GH¢550, 000.00, also for no stated reason.
It is, however, not clear why EOCO, which is under the Ministry of Justice and Attorney General and allotted budgetary support annually, will be getting donations and sponsorship from GNPC another state institution.
“There is a very clear process at GNPC in determining what should be approved or not…The figures are huge, because the activities involved are huge,” he said.
He explained that the Rebecca Foundation is to receive the funds which will be given to two women’s groups in the Mpohor District of the Western Region for the setting up of an oil palm processing factory, which falls in line with GNPC’s vision of economically empowering people.
He said, some of the sponsorships create an opportunity for the GNPC, to advertise itself and increase the visibility of its brand.