The Interim Management Committee (IMC) of the Tema Oil Refinery (TOR) has issued a damning verdict around the massive corruption ongoing at the Tema Oil Refinery (TOR), stating that some 105,927 litres of petrol worth about GHC 700,000 had disappeared into thin air.
In a statement issued today October 5, 2021, the IMC described the theft as “product loses”.
“In order to eradicate or reduce product loses at TOR to the barest minimum, to enable TOR realize its vast potential, the Interim Management Committee (IMC) as part of its mandate commenced investigation into product storage and transfer losses,” the IMC stated.
According to the management body, the petrol theft happened on September 4, 2021. The consignment was destined for an unnamed Bulk Distribution Company (BDC).
Apparently, this petroleum theft is a constant feature at TOR, as the IMC revealed that between 2012 and 2015, some Liquified Petroleum Gas (LPG) worth US$ 4.8 million disappeared into thin air.
In the statement, the IMC also revealed that TOR staff in the thieving syndicate stole 18 drums of electrical cables worth some GH¢10.4 million worth of cables.
Consequently, the IMC of Ghana’s only crude oil refinery has interdicted an unspecified number of staff, while investigations proceed.
The IMC explained that the affected staff “who hold various positions of responsibility and accountability concerning the transfer of products have been queried and interdicted pending the outcome of investigations.”
Describing it as unacceptable, TOR said the thievery was discovered as a result of a Technical and Human Resource audits.
The Committee explained that it has instituted a zero-tolerance culture for unacceptable product losses.
TOR is currently headed by Edward Boateng, a former Ghanaian Ambassador to China.