BOST MD George Okley resigns over contracts

Graphic Online has gathered that the Managing Director of the Bulk Oil Storage and Transportation (BOST), Mr George Mensah Okley has resigned.

He is said to have tendered in his resignation to the Office of the President on Friday, August 23, 2019.

Graphic Online gathers his resignation is in relation to the issue of contracts at BOST and some serious other challenges he is having with some key staff at BOST, making his work difficult.

There are complaints about his management style.

While the reasons for Mr Okley’s resignation was not officially communicated to the workers, sources told Graphic Online that, one of them is in relation to contracts.

One of such contracts is the construction of a vehicle terminal at the company's Buipe Depot in the Savannah Region.

The land grading contract sum, said to have initially been pegged at about GHc4 million by a contractor and approved by the company's board was said to have been renegotiated to GHc90,000 after Mr Okley reportedly engaged a new contractor for the said land grading works.

This situation, according to deep throat sources did not go down well with some people and therefore necessitated the need for Mr Okley to resign from the post.

Meanwhile speaking to Graphic Online's Tema reporter, Della Russel Ocloo after an emergency meeting on Monday [August 26, 2019], the BOST Board Chairman, Mr Ekow Hackman confirmed the resignation and however ruled out the allegations of financial malfeasance in relation to the award of contracts. 

He said the Board at the Monday meeting met the senior management and the leadership of the workers union at separate meetings to brief them about the new developments which included the appointment of a new MD. 

When he was asked about the GHc4 million land clearing contract, Mr Hackman said that the issue has not come to the attention of the board. 

"In fact, we don't know where it is coming from", he told our Tema reporter, Della Russel Ocloo. 

Mr Hackman further said, "the project in question may be under procurement but the board is presently not aware." 

He called on the general public to be assured that operations are underway in the company.

"We will, however, issue a statement in due course on the developments," Mr Hackman said

Read also:  BOST board brief workers on resignation of MD George Mensah Okley and announce Edwin Provençal as successor

Writer's email: enoch.frimpong@graphic.com.gh 

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