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TOR interdicts workers, commences investigations into product disappearance

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Some staff who have been suspected to have played roles in alleged disappearance of products at the Tema Oil Refinery (TOR) have been interdicted by the Interim Management Committee of the company.

A statement from the Interim Management Committee on Tuesday October 5, 2021 indicated that, other staff of the state owned oil company have also been questioned in connection with their roles in product losses.

The IMC said after conducting an internal audit of transfer and storage of products at TOR, the following were discovered:

A. The disappearance of 105, 927 litres of Gas oil which belongs to a BDC client on 4th September 2021.

B. The wrongful loading of 252,000 litres of Aviation Turbine Kerosene (ATK) instead of regular Kerosene into BRV Trucks at the loading gantry between 21st and 25th September 2021.

C. The disappearance of 18 drums of electrical cables worth and GHS 10.4 million from the Technical Storehouse of TOR discovered in April 2021.

D. The disappearance of product (LPG) belonging to a client between 2012 and 2015, as a result of which TOR was indebted to the client to the tune of USD4.8 million, as confirmed by an Ernst and Young audit.

E. The reasons why Funds given by the Ministry of Finance for the payment of TOR’s Debt to a project consulting firm of TOR, did not get paid to them until a garnishee order was placed on the Company’s account in in July 2021.

F. Issuance of unauthorized letter admitting debt liability to TOR with attendant computation of interest without the approval of IMC.

G. Loss of Naphtha to a BDC client.

The statement said further investigations are being carried out, urging all staff to remain calm and “be rest assured that anyone cleared in the process will be recalled from interdiction while any form of liability will be dealt with in accordance with law”.

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