More ‘Cash Worms’ Uncovered As Provencal Blows GHS12Million on Furniture

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New documents available to MyNewsGh.com indicates the management of theBulk Oil Storage and Transportation Company Limited (BOST) has yet again blown in excess of GHS12Million on office furniture in the 2022 financial year.

The company has come under fire in recent times over several single source procurements including the purchase of 18 luxury iphones and the purchase of gh¢2.3 million tea-making machines

The latest single source tender number GR/BOST/GD/0009/2022 covered the dollar equivalent of GHS12Million on acquisition of office furniture. 

BOST claims the new furniture are for its new head office begging the question whether the staff were squatting on the floor at its former office at Dzorwulu.

The beneficiary company behind the GHS12Million single source procurement is Antares Trade Ghana Limited which owner’s details MyNewsGh.com will release subsequently.

The contract was awarded on 1st  August, 2022 and delivered on 22nd August, 2022.

Many people have been questioning the propriety of BOST buying eighteen (18) luxurious phones for what it described as “critical officers of the company” but it appears a lot is going on under the carpet of the Managing Director Edwin Provencal.

Yesterday we revealed that BOST also purchased some tea machines at a cost of GH¢2.3 million through single-sourcing, which has sparked controversy.  

The company at the center of the tea machine procurement was Rageita Company Limited.

BOST, had denied earlier reports that quoted the Auditor General that Twenty Eight Million, Five Hundred and Forty-One Thousand, Two Hundred Sixty One Ghana Cedis was spent on the iPhones 13 Pro Max “the total cost of the phones stood at Two Hundred and Thirty-Four Thousand Ghana Cedis (234,000.00) grossed up for taxes at Two Hundred and Eighty-Five Thousand, Four Hundred and Twelve Ghana Cedis, Sixteen Pesewas (GHS285, 412.16).

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