Cables Worth GH¢10.4million Allegedly Stolen By Tema Oil Refinery Staff.

The Interim Management Committee of the Tema Oil Refinery (TOR) says it has interdicted some staff for their involvement in the alleged theft of ¢10.4 million worth of cables.

Describing it as unacceptable product losses, TOR said the thievery was discovered as a result a Technical and Human Resource audits.

The audit was also geared towards resolving the refinery’s consistent product and financial losses to enable TOR meet its full potential.

The Interim Management 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.”

The Committee explained that it has instituted a zero-tolerance culture for unacceptable product losses.

In line with this, an investigation has recently commenced into some storage and transfer losses recorded by the refinery.

These cases include the disappearance of a BDC client’s 105,927 litres of gas oil on September 4, the disappearance of another 18 drums of electrical cables worth ¢10.4 million from the Technical Storehouse of TOR discovered in April 2021, among others.

Three other cases of product losses are also being probed as part of the audit, which includes the loss of Naphtha to a BDC client.


List of ongoing investigations by Tema Oil Refinery

i. The disappearance of 105, 927 litres of Gas oil which belongs to a BDC client on 4th September, 2021.

ii. The wrongful loading of 252,000 litres of Aviation Turbine Kerosene (ATK) instead of regular Kerosene into BRV Trucks at the loading gantry between September, 21 and 25.

iii. The disappearance of 18 drums of electrical cables worth and ¢10.4 million from the Technical Storehouse of TOR discovered in April, 2021.

iv. The disappearance of product (LPG) belonging to a client between 2012 and 2015, as a result of which TOR was indebted to the client to the tune of $4.8 million, as confirmed by an Ernst and Young audit.

v. Loss of Naphtha to a BDC client.

The Interim Management Committee, however, assured that staff who are exonerated in the process will be recalled.

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