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PIAC pushes for parliamentary scrutiny of GNPC’s budget

The Public Interest and Accountability Committee (PIAC) says the practice of the Ghana National Petroleum Corporation (GNPC) committing huge sums of its funds into Corporate Social Responsibility (CSR) must be stopped. Vice Chairman of PIAC, Nasir Alfa Mohammed, says Parliament needs to scrutinize the budget of GNPC to ensure that …

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GNPC asks for $1.65bn to buy 2 stakes in offshore fields

Oil rig The Ghana National Petroleum Corporation (GNPC) has asked parliament to approve a loan of $1.65 billion for the state oil company to buy two stakes in Ghana’s offshore fields.  Energy Minister Mathew Opoko Prempeh submitted a memorandum to that effect to the legislature. In the memoranda, GNPC said …

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Confusion rocks GNPC over GH¢5.42 million gift

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. The Herald is informed that …

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