| General News 
[ 2017-03-02 ] 

GOIL board apologizes to Akufo-Addo The board of directors of Ghana Oil Company
Limited (GOIL) has apologized to President
Akufo-Addo for castigating his office over the
purported appointment of a new CEO.
News was rife last week that the Presidency has
appointed a new head of GOIL – Osei Prempeh –
which angered the board since that responsibility
partly lies on its doorsteps.
In a statement released in Accra over the weekend,
and signed by the Board Chairman, Professor
William Asomaning, it made clear that GOIL has a
way of appointing its CEO, and so far as the board
was concerned, the procedure had not been
activated.
But government in a statement signed by
Communications Director Eugene Arhin described as
“unfortunate and needless” the statement from
GOIL’s Board Chairman adding that the reaction
should have been based on concrete evidence and
not mere reports.
The statement added that the President, Nana
Akufo-Addo “has not appointed a new CEO of GOIL,
and when he decides to do so, it will be done in
accordance with laid down procedures.”
The board has since retracted its statement
against the presidency.
“The Board of Directors of the Ghana Oil Company
Limited (GOIL), takes cognizance of the statement
from the Office of the President and under the
hand of the Acting Director of Communications,
dated 28th February 2017, which statement has
indicated that the publication on Ghana Web to the
effect that His Excellency the President has
appointed a new Chief Executive Officer of GOIL,
is not true.
“To this end, we the members of the Board of
Directors of GOIL, do hereby, render our sincere
apologies to Your Excellency for any embarrassment
caused by the Board’s Statement in response to
the Ghana Web publication of 24th February
2017,” Professor Asomaning said in a statement. Source - Starrfmonline.com

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