Flagstaff house denies appointing new CEO for GOIL
28th February 2017
The Flagstaff House has denied appointing a new Chief Executive Officer of Indigenous Oil Marketing Company, GOIL.
The reaction from the presideency follows an earlier statement issued by Prof. William Asumaning, the Board Chairman of Goil,condemning the president for appointing a new CEO for the company.
However, a statement from the presidency has also chided GOIL for "falling for mere speculation and conjecture by an online publication."
"The Office of the President has taken notice of a statement issued by Prof. William Asumaning, the Board Chairman of Goil, on Saturday, February 25, 2017, in relation to the purported appointment of a “new” Chief Executive Officer of the Company by the President of the Republic," the statement read.
"One would have hoped, in the interest of best practices, that the issuance of such a statement by Prof. William Asumaning would have been hinged on concrete evidence, in the form of appointment letters, and not mere speculation and conjecture by an online publication.
On February 25, GOIL released a statement dismissing reports to the effect President Akufo-Addo had appointed one Mr. Osei Prempeh as its new CEO.
According to the GOIL, it is listed on the Ghana Stock Exchange(GSE), hence has procedures in appointing its head, which must comply with regulations set by the GSE.
The statement signed by the presidential spokesperson denies any appointment by the president for the CEO position.
"For the avoidance of doubt, I wish to state that the President of the Republic, Nana Addo Dankwa 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 statement added.
Find below the full statement
RE: STATEMENT BY GOIL BOARD ON APPOINTMENT OF A NEW CEO
The Office of the President has taken notice of a statement issued by Prof. William Asumaning, the Board Chairman of Goil, on Saturday, February 25, 2017, in relation to the purported appointment of a “new” Chief Executive Officer of the Company by the President of the Republic.
The statement by the Board Chairman references a Ghanaweb publication of 24th February, 2017 titled “Nana Addo Picks New Heads for Forestry Commission, Ghana Health Service and GOIL”.
It is on the basis of this story that Prof. William Asumaning put out his statement.
One would have hoped, in the interest of best practices, that the issuance of such a statement by Prof. William Asumaning would have been hinged on concrete evidence, in the form of appointment letters, and not mere speculation and conjecture by an online publication.
The statement by the Board Chair was unfortunate and completely needless, to say the least.
For the avoidance of doubt, I wish to state that the President of the Republic, Nana Addo Dankwa 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.
……signed……
Eugene Arhin
By Fiifi Abdul Malik