Kan-Dapaah, KT Hammond &Tsatsu Tsakata Summoned Over GNPC Drillship Sale


Former Energy Minister, Albert Kan-Dapaah and his Deputy K. T. Hammond and former Chief Executive of the Ghana National Petroleum Corporation (GNPC), Tsatsu Tsikata, have been invited to appear before the Judgment debt sole commissioner over the sale of the GNPC’s drillship in 2001.

The ship was sold for US$24 million dollars to defray a judgment debt of US$19.5 million, owed French Bank Societe Generale by the GNPC.

However, US$3.5 million of the proceeds have not been traced. There is also a conflict as to how much was paid Societe Generale as memos written by Kan-Dapaah, the then Energy Minister showed Societe Generale rather collected US414 million.
None of the people and institutions that have appeared before the Commission so far has been able to trace the documents of the transaction.

The Commission’s Public Relations Officer (PRO), George William Dove, in a statement released yesterday said, Mr. Kan-Dapaah and KT Hammond are scheduled to appear before the Commission on November 25, 2013.
While, Tsatsu Tsikata is billed to appear on November 26, 2013.

He said, other institutions have also been invited are Lands Commission, Ministry Of Justice and Attorney General’s Department, Ministry of Employment and Labour Relations, Ministry of Roads and Transport ( Department of Feeder Roads), Ministry of Water Resources, Works and Housing.
One Samuel Apo Kumah, has also been summoned by the Commission.

Share this:

Share News

submit to reddit