GNPC management, board allowances increased by 150%, Ablakwa alleges

The management and board of the Ghana National Petroleum Corporation (GNPC) have increased their allowances by 150 percent, the Member of Parlaiment for North Tongu, Samuel Okudzeto Ablakwa has alleged.

According to Ablakwa, a request has also been made for the doubling of the salary of the chief executive officer Opoku Ahweneeh Danquah.

Sharing the news on Facebook on Tuesday (12 March), Ablakwa  called for regulation of the discretion of boards and CEOs of State-Owned Enterprises to determine their own salaries and allowances without parliamentary approval.

“Intercepted memos from GNPC reveal that the Freddie Blay-led board and management have increased their allowances by up to 150% despite Ghana’s economic crisis and contrary to government’s assurances to Parliament of a general pay-cut.

“Allowances for a day’s hotel rate have increased from 400 to 1000 Dollars, Euros or Pounds depending on where they travel to. Per diem for the Board Chairman has moved from 500 to 850 and from 500 to 700 for the CEO and other board members — also in Dollars, Euros or Pounds as per the travel destination.”

“It is even more depressing to read other memos requesting that the salary of the CEO is doubled. Angry insiders say the CEO, Mr. Opoku Ahweneeh Danquah who is President Akufo-Addo’s nephew, always gets what he wants.
This betrayal of the Ghanaian people and gross insensitivity cannot continue,” he said.

Source:ghextractives