You are here: HomeNews2024 07 05Article 1957370

General News of Friday, 5 July 2024

    

Source: www.theheraldghana.com

Ghana Gas plunged into boardroom wrangling over US$900 million deal

Kennedy Ohene Agyapong Kennedy Ohene Agyapong

Workers at Ghana Gas Company are backing CEO Dr. Ben Asante against board chairman Kennedy Ohene Agyapong, following allegations that Agyapong is pushing a contentious multimillion-dollar deal.

The deal, valued at nearly $900 million, has led to significant boardroom tensions, with fears among workers and some board members that it could lead to future criminal issues.

A recent board meeting reportedly saw a heated exchange, with Agyapong allegedly insulting Asante and attempting to bypass procurement procedures.

The workers’ union supports Asante’s insistence on stringent procurement, opposing Agyapong, who stands to gain $50 million if the deal is approved.

Read full article