Public Interest Accountability Committee

News

HOTLINE DOCUMENTARY: GHC81M ROAD PROJECTS TURN GHC395M AFTER COMPLETION
13th June 2019

A Joy News Hotline Documentary has highlighted how projects originally awarded for 81m million cedis using oil resources, turned 395 million cedis after completion. Delay and deliberate stalling of the projects have been cited by the Public...

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GNPC URGED TO ADOPT CRUDE OIL TRADE HEDGING STRATEGY
28th May 2019

The Public Interest and Accountability Committee (PIAC) has proposed to the Ghana National Petroleum Corporation (GNPC) to adopt the crude oil hedging trade strategy to boost crude oil sales revenue. Crude oil hedging, also known oil risk...

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TRANSPARENCY IS EXPENSIVE BUT IT PAYS – GNPC
27th May 2019

Transparency is expensive but it pays – GNPC Mr Dennis Baidoo, the Marketing Manager of the Ghana National Petroleum Corporation (GNPC), a strategic commercial vehicle marketing the nation’s oil, said transparency, although expensive,...

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DON’T MIX OIL TRADE WITH OTHER ACTIVITIES - PIAC CAUTIONS GOVERNMENT
27th May 2019

The Public Interest Accountability Committee (PIAC) has cautioned the government to desist from "contaminating" the country's crude oil trade with other economic activities such as loan agreements, if Ghana is to make maximum gains...

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STAKEHOLDERS URGE GNPC TO BE MORE TRANSPARENT WITH CRUDE OIL TRADE
24th May 2019

The Ghana National Petroleum Corporation (GNPC) has been urged by its stakeholders to be more transparent in pricing and marketing of crude oil and gas. Participants in a forum organized by the Public Interest and Accountability Committee (PIAC)...

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PIAC WARNS GOVERNMENT OVER USING OIL TO ACQUIRE LOANS
24th May 2019

Dr. Steve Manteaw, Chairman of the Public Interest and Accountability Committee (PIAC) has appealed to the Government to desist from using the nation’s petroleum resources as collateral for loans. “We should desist from contaminating...

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