Plots To Kick Out GOIL Boss In Full Swing



By Patrick Biddah

The second of a planned scheme targeted at the removal ofthe GroupChief Executive Officer (CEO) and Managing Director (MD) of the Ghana Oil company (GOIL), Patrick Akpe Kwame Akorli, is expected to be deployed soon.

Patrick Akpe

The plot, which is carved around the accumulated leave of the Managing Director, is the last option available to the actors in the grand scheme to forcibly throw him out, ahead of his retirement.

Sources within GOIL, who have regularly updated The Herald on this quiet happenings, have told the paper that, this is the make or break time for the influence peddlers who want to see the GOIL MD go.

His accumulated leave therefore, is to be used as a case to forcibly hound him out of the state-owned company well ahead of his retirement with no possible chance of a return.

This wicked plan to throw him out, comes months after the first attempt failed, due to procedural and regulatory immunity which saved the MD.

Sources say, it is not certain the powers that be want him back after he is done with his six months sabbatical leave especially when he has a year more to his retirement.

According to sources, the MD is being forced to go on a six month leave which will pave the way the tightening of the loose ends to ensure that he never resumes.

His leave according to sources will pave the way for a new person who appears to be elbowing Mr. Akorli, to take over and is one of the master architects.

The GOIL MD, happens to be one of the Managers of the State Owned Enterprises, who has been left off the hook, since the current administration took over in January 2017, although the attempt was made.

Listed on the Ghana Stock Exchange (SEC), GOIL, guided by the Stock Exchange for which laid down procedures are to be followed in order to be able to fire its MD.

Sources tell The Herald that after the failed attempt to sack the MD,  President Akufo-Addo, seems to have passed a vote of confidence in him and would wish he stays on till retirement.

Information gleaned from sources has it that, the irony in all of these is in view of the new person who is said to be sixty-three (63) years  which if proven ,flout the retirement, but falls in the second part of the contract extension that is allowed to be given to the head of a state institution after reaching retirement.

He is alleged to have successfully lobbied the Jubilee House and seems to be going all out to secure the position.

The current MD, Mr Akorli, Fifty-nine (59) years,  widely credited for transforming GOIL to its current status as a viable National asset, paying dividend to government, is therefore expected to proceed on leave by the end of May, 2019, to make way for the desperate 63-year-old to take over.

If the source is right, the official announcement of Mr Akorli’s force departure is likely to be made during the upcoming Annual General Meeting (AGM) of GOIL later in the middle of  this month.

Mr.Akorli himself, we gathered has remain calm except to continue working to make GOIL more viable.

The Board of Directors of GOIL appointed Patrick Akpe Kwame Akorli as Managing Director of the company, from June 1, 2012.

The current administration maintained him after an initial attempt to remove him.The impressive transformation of the national Oil and Gas Company is owed to him.

Until his appointment as the group CEO and MD of GOIL, Mr Akorli was the Finance Manager of the company.

He joined the company in 1994 and has served in various positions, including Acting Chief Accountant, Treasurer, Chief Internal Auditor, and on occasion, acted as the Fuels Marketing Manager.

Chartered Accountant by profession, Mr Akorli also holds an Executive Masters degree in Business Administration from the Ghana Institute of Management and Public Administration (GIMPA).

Share News

submit to reddit