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BY: Suleiman Mustapha
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GH¢167 MILLION debts owed the Ghana Revenue Authority and other state agencies by the Tema Oil Refinery (TOR) have triggered agitations by the workers of the refinery for the dissolution of the board and removal of the Managing Director, Mr Francis Boateng.
Eighty-five million Ghana Cedis of the debts accrued as a result of the failure of TOR to pay taxes deducted from employees’ income, the non-payment of the Social Security and National Insurance Trust (SSNIT) tier one pension scheme totalling GH¢3 million and the inability of the management to pay the Provident Fund contributions amounting to GH¢34 million.
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BY: Justice Agbenorsi
Category: General News
Mr Ernest Thompson, and four others have been charged for causing financial loss of more than $15.3 million to the state
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The prosecution handling the case involving a former Director-General of the Social Security and National Insurance Trust (SSNIT), Mr Ernest Thompson, and four others charged for causing financial loss of more than $15.3 million to the state, has asked for more time to refile its witness statements against the accused persons.
This, according to the Director of Public Prosecution (DPP), Ms Yvonne Attakorah Obuobisah, had become necessary following the amendment of the charges relating to willfully causing financial loss to the state.
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BY: Maxwell Akalaare Adombila
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The government, through the Ministries of Energy and Finance, has supported the Tema Oil Refinery (TOR) to replace its burnt furnace for it to be able to process more crude oil for the local and international market.
The refinery said the installation of a new furnace started earlier this year, and was expected to be completed soon to allow for deployment in the fourth quarter.
It added that it was expected that the replacement of the furnace would allow TOR to climb back to its installed capacity of 45,000 barrels of crude oil per stream day (bpsd).
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