GNPC owes me but I can’t say how much – Tsatsu Tsikata

5937583405007_765311574459Former Chief Executive of the Ghana National Petroleum Corporation (GNPC), Mr. Tsatsu Tsikata, says the Corporation certainly owes him even though he does not know how much.

According to him, the GNPC owes him salaries and provident benefits that were due him.

Tsatsu Tsikata, Nana Boakye Asafo-Adjei, Benjamin Dagadu and Esther Cobbah were alleged to have been paid huge sums of money by the GNPC.

The former Deputy Energy Minister under the Kufuor administration, KT Hammond called for a probe into the suspicious payments.

The four served the Corporation for periods ranging between 12 and 21 years. They were all removed from office in 2000 and 2001, under circumstances that did not allow for the payment of their respective accumulated separation entitlements, the Board of Directors of the Corporation stated.

Speaking on the Super Morning Show on Joy FM Wednesday with Kojo Yankson, Mr. Tsikata said he is not in position to state the amount of money owed him by the GNPC.

He explained that, “If you are talking about the entitlements of people and those entitlements are being discussed by the board of the Corporate body that is responsible for that corporate body, I think it’s legitimate that they should be asked about their processes… It’s not a question of asking me as an individual…”

“What I can tell you is indeed as at the time that I left GNPC, I had even salary payments that were due to me during the period not paid, I had provident fund entitlements and so on,” Mr. Tsikata revealed.

The GNPC, he noted, is still tabulating the total amount of money owed him. “The GNPC has been tabulating that because I don’t have access to all the data so I don’t actually have the figure.”

“You had a board communicating with various individuals about what they believe is equity within the context of the corporate body that they have and I think that board is in the best position to address their corporate decision making,” the former GNPC Boss added.

The Ghana National Petroleum Corporation (GNPC) confirmed that it approved payments to the four former employees of the Corporation, comprising of two former Chief Executives and two Managers.

A statement released by the Corporate Affairs Department of the GNPC, said two former Chief Executives of the Corporation, Messrs Tsatsu Tsikata and Nana Boakye Asafo-Adjei, as well as Benjamin Dagadu, Field Evaluation and Development Manager and Esther Cobbah, Public Affairs Manager, benefited from the payment.

The payments are exgratia for the four who left the GNPC over decade-and-a-half ago.

Mr. Tsikata said the use of the word ‘exgratia’ to describe his benefits is problematic because he is owed end-of-service benefits, not exgratia.


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