Connect with us

Hot!

We are not engaged in a dubious deal – TOR management

Published

on

The management of the Tema Oil Refinery (TOR) has debunked claims of engaging in a murky proposed partnership agreement with the Tema Energy and Processing Limited.

This comes after a directive by the Office of the Special Prosecutor to the management to suspend its proposed partnership agreement.

The OSP, in a letter dated November 21, 2023, and addressed to the Managing Director of TOR, Daniel Osei Appiah, said “It has commenced an analysis of the risk of corruption in respect of the proposed partnership”.

The Office thus directed TOR to furnish all the necessary documentation regarding the proposed agreement on or before the close of Tuesday, December 5, 2023.

Advertisement

Board Chairman of TOR, David Adomako, said the proposal had been reviewed by key stakeholders within the sector.

According to him, the deal has also been subjected to competitive tender.

Speaking at a media engagement, he said the aim of the board is to revive the state-owned company.

“We’ve subjected this deal to competitive tender and evaluated by the TOR board comprised of reputable and highly experienced individual. The proposal was reviewed by the MoE [Ministry of Energy], MoF [Ministry of Finance], SIGA [State Interest and Governance Authority], Attorney General, BOST and the NPA [National Petroleum Authority]”.

Advertisement

“Substance of the proposal has remained constant but changes to the legal identity of the lesser was necessitated by prevailing circumstances and with the knowledge of stakeholders”, he said.

Mr. Adomako also said the deal is aimed at restoring the company to profitable and sustainable refining activity.

He added the deal is to ensure the rehabilitation and improvement of TOR infrastructure.

“The board is just poised to revive the company. We want to restore the morale of the staff and improve on the working conditions and benefits. We are just committed to supporting the company”, he added.

Advertisement

It is unclear what has necessitated this decision by the OSP, but in recent times, the staff of TOR have been up in arms against five of their colleagues and two board members for allegedly registering an entity by the name ‘TOR Workers’ Charity Fund’ to confidentially take up shares in the TOR-Torentco deal without the concerns of the over 500 workers.

Source: Myjoyonline.com 

Continue Reading
Advertisement

Hot!

Parliament marks 2nd edition of May Day 2026

Published

on

Ghana’s parliament has marked the 2nd edition of May Day 2026 under the theme “ Welcome Home”.

It was special day meant to celebrate the invaluable support of the workforce, recognizing the commitment, resilience, and contributions of workers to institutional growth and national development.

Delivering the message on behalf of the Speaker, the 1st Deputy Speaker, Bernard Ahiafor, described the theme as very apt, appropriate, and timely, noting that Parliament is more than a workplace, it is a shared home.

He emphasized that we cannot speak about work without speaking about people, reminding everyone that the true measure of our work is the well-being of our people.

He urged that our traditional clothing become an integral part of our everyday clothing, and that our local languages must become integral to our daily lives, interwoven into education and practiced at home.

Advertisement

Referencing Standing Order 63, which captures the use of local language as optional in deliberations, he encouraged a renewed commitment to identity, saying it is significant that we “come home” and present who we are so future generations can inherit a story they can fully tell.

The Clerk, Mr. Ebenezer Ahumah Djietror, in his remarks commended officers for their dedication and devotion to duty, calling on them to go the extra mile and leave legacies.

Echoing the reminder that an unexamined life is not worth living, he described the event as an invitation to reconnect with our roots through cultural revival.

The Deputy Clerk, C&FMS, Dr. Gloria Sarku Kumawu, urged all not to forget their roots, the people behind the stories of ministries, industries, and the strides made both in-house and beyond.

Advertisement

What began last year has now become a meaningful tradition, showcasing Ghanaian heritage, fostering unity, and encouraging innovation under the principle of diversity for unity and diversity for progress, she added.

The gathering brought together leadership, public officials, and staff across all levels, along with the media, standing as a unifying platform that honored service, celebrated culture, and reaffirmed a shared commitment to national development.

Advertisement
Continue Reading

Hot!

Manhyia would serve as Ghana’s unifying force …Otumfuo assures on commemoration of 27 years on the Golden Stool

Published

on

A group of adowa dancers entertaining guests
A group of adowa dancers entertaining guests

The Asantehene, Otumfuo Osei Tutu II, last Friday celebrated his 27th enstoolment with a colourful and culture-rich ceremony at the Manhyia Palace in Kumasi, drawing a distinguished gathering of dignitaries from across Ghana and beyond.

Clad in splendid kente and adorned in rich traditional regalia, the dignitaries added colour and elegance to the occasion, as the palace grounds came alive with a vibrant display of Ghanaian culture.

Traditional drumming, dancing and symbolic rites underscored the deep-rooted heritage of the Ashanti Kingdom, captivating guests and reaffirming the value of tradition in modern society.

Speaking at a high-level Executive Gala organised by the Diaspora Affairs Office of the Office of the President in strategic partnership with the E ON 3 Group, the ‘World-Meets-in-Ghana’ gala, the Asantehene urged Ghanaians to guard against the divisive tendencies of partisan politics.

The event was to honour the Asantehene’s nearly three-decade reign under the theme ‘Advancing Peace and Sustainable Economic Development through Royal Vision’.

Otumfuo Osei Tutu II noted that such attitudes threatened the country’s long-standing values of unity, civility and brotherliness.

Advertisement

He assured that Manhyia would continue to serve as a unifying force for the nation.

The celebration also featured the presentation of commemorative gold coins to notable national leaders, including the President, John Dramani Mahama, former Presidents John Agyekum Kufuor and Nana Addo Dankwa Akufo-Addo as well as Dr Mahamudu Bawumia, a former Vice President in recognition of their contributions to peace and national development.

By Spectator Reporter

Advertisement
Continue Reading
Advertisement

Trending