Comprehensive  Ghana Oil and Gas news, information, updates, analysis


News in Brief

MPs to appeal GNPC verdict

gnpc 2

Abuakwa North Member of Parliament, Samuel Atta Kyea, says a decision by an Accra High Court to quash a suit against the Ghana National Petroleum Corporation (GNPC) will be appealed.

The commercial division of the Accra Fast Track High court dismissed an injunction application brought before it by three MPs seeking to stop the GNPC from securing a $700 million dollar loan.

Mathew Opoku Prempeh, Dr. Anthony Akoto Osei and Samuel Atta Akyea prayed the court to direct the GNPC to suspend any transactions relating to the procurement of the loan, at least until hearing of the substantive case is concluded.

The plea was however not taken by presiding judge, Justice Mrs. A Bartels-Kodwo.

This decision, the Abuakwa North MP said, does not mark the end to their case stressing that the legislators would take steps to challenge the court ruling.

“We believe that the grounds upon which our case was thrown out was not that strong and hence we are meeting our lawyers to take measures to challenge the decision in an appropriate forum…,” speaking in an interview with Adom news.

He continued that they were meeting with their lawyers to take the next bold steps since they were of the belief that the court by the ruling is ‘setting a bad precedence’ and giving too much powers to the GNPC.

“By that decision, the judge is implying that the GNPC is a god unto itself and are not obliged to bring its budget to parliament and this is on the contrary…even Ghana government brings its budget to parliament…,” he added.

He continued that it would be unfair for the court to make GNPC more powerful that parliament.

But his co-litigant, Manhyia North MP, Dr. Mathew Opoku Prempeh said he was not perturbed about the court ruling insisting that posterity would never forgive the judge.

Source: Myjoyonline

Profile photo of Editor
Follow Us

Editor

Reporting Oil and Gas project was launched on 4th June 2009atTakoradi, Western Region, Ghana by Penplusbytes (PPB – www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector
Profile photo of Editor
Follow Us

Share this article

Leave a reply

Personality of the Month
  • Prof. Thomas Mba Akabzaa Chief Director of Ministry of Petroleum          …
Follow Us Online
Join the Discussions

Summary: Revenue mobilization from the oil sector for Agricultural production in Ghana, a myth or reality?

Agriculture, once considered the backbone of Ghana’s economy recorded a reduction of its contribution to GDP from 45% in 1992…

Responses Add your response


About Us
Reporting Oil and Gas project was launched on 4th June 2009 at Takoradi, Western Region, Ghana by Penplusbytes (www.penplusbytes.org) with the vision of providing a one stop online information and knowledge about Ghana’s oil and gas sector read more
Events Calendar
<< Aug 2017 >>
MTWTFSS
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3
Twitter Activity Stream
 

Partners We are proud to be associated with:

Skip to toolbar