Kevin Taylor Accuses BOST MD Of Cooking Dirty Loans

US based Ghanaian journalist, Kevin Taylor, has alleged that the Managing Director of

the Bulk Oil Storage and Transport (BOST) Company, is cooking dirty loans at the outfit.

In a recent broadcast, Mr. Taylor revealed he had received tip off from whistleblowers in

the Accounts department of BOST that Provencal is pushing for them to cook loans with

some banks that will mature between 2030 and 2035.

“BOST, I just received information from BOST’s Accounts department. Edwin Provencal

is signing loans deals and deliberately pushing the loan maturity to 2030 and 2035 with

some banks so that it won’t show on their accounting books,” he said on his platform,

“with all due respect.”

Mr. Taylor described the scheme as “another creative accounting.”

And according to him, Provencal needs money to pay some persons at the Jubilee

House and so he is pressuring the Accounting Department. However, the accounting

department is asking why they should push the loans its maturity to 2030 and 2035.

Mr. Taylor who says he is coming up with deeper details in the coming days explains

Provencal is doing so because he doesn’t want to be accountable for the mess he is

causing.

The journalist also alleges that the chief of staff is behind this.

He says that Upon all his mess President Akufo-Addo is not sacking Provencal because

he is threatening to expose Jubilee House over monies that he has leaked to Jubilee

house.

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