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2 in police grips for alleged premix diversion in Keta

Some two persons have been arrested by the Keta Police for their involvement in the alleged diversion of premix fuel meant for Keta fisherfolks in the Volta Region.
A driver and the Secretary of the Nukpesekope Landing Beach Committee, Jeoffrey James Ocloo, were picked up on Tuesday morning in the Keta Municipality.
The two are currently helping the police investigations to unravel the case.
According to Augustine Ocloo, a resident in Keta, he was informed that a Goodness Energy fuel tanker with registration number, GT 5422 Z, was spotted parked around the Nukpesekope premix fuel depot on Tuesday morning.
He said the driver, however, drove off without discharging fuel, a development which rose suspicion of residents of a possible diversion.
“We detailed a vehicle to monitor the tanker. What is surprising is that the Nukpesekope Landing Beach Committee Secretary, Jeoffrey James Ocloo, who is close to the MCE had signed the waybill. The Chief fisherman who is sick and bedridden had his portion also signed”, he narrated.
“We monitored the tanker, which stopped at Afiadenyigba junction, moved and stopped at Avalavi, then to Abor. We, therefore, concluded that the fuel had been diverted so we called in the Police who arrested the driver.”
He further indicated that “the driver then called suspect Jeoffrey James Ocloo who upon arriving at the scene said ‘the issue should be settled here’, but I objected to his suggestion and indicated that we must find where the fuel was sent. Already, the seal on the tanker was broken”.

Jeoffery was subsequently arrested together with the driver and sent to the Keta Police Station, where the two were put behind bars.
The Goodness Energy tanker is also parked at the premises of the Keta Divisional Police Command.
The Keta Divisional Police Commander, Chief Supt Leonard Abakah, declined to comment on the case indicating that he had just received the docket of the case hence would need time to study it before speaking to the media, when Joy News contacted him.
Residents are, however, demanding the National Premix Committee investigate the distribution of fuel to the Keta Municipality within the last 3 months.
They are of the conviction that the majority of the fuel meant for Keta Municipality fisherfolks might have been diverted for the parochial gains of a few.
“We residents of Keta rely heavily on fishing to support our livelihood but we hardly get supply of the fuel. We are suspecting the fuel meant for us were diverted, the authorities must investigate this”, said Senyo Christian Mawulorm, a Mofa Rep on the Nukpesekope Premix Committee
The Keta Municipal Chief Executive, Emmanuel Gemegah, acknowledged receipt of the news of the alleged premix fuel diversion but said he can’t speak to the media about the incident until he returns to Keta.
“I am currently in Accra in a meeting with authorities at the Ghana Ports and Harbors Authority. I don’t have enough information so I can’t speak to the incident until I return to Keta”, he said to Fred Quame Asare in a telephone conversation.
Source: www.adomonline.com
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GEXIM deepens relations with US EXIM Bank

A management team of the Ghana Export – Import Bank (GEXIM) led by the Acting Chief Executive, Sylvester Mensah met with the leadership of the Export–Import Bank of the United States (US EXIM) on Wednesday April 23, 2025 in Washington DC, United States of America.
The Acting President and Chairman of US EXIM, Mr. James C. Cruse and Vice President, International Relations, Ms. Isabel Galdiz received the GEXIM delegation, which included Deputy CEO for Banking, Mr. Moses Klu Mensah and Head of International Cooperation, Mr. Jonathan Christopher Koney at the headquarters of US EXIM.
The meeting offered the GEXIM team the opportunity to share the strategic direction of the Bank in line with the resetting agenda of the President of the Republic, His Excellency John Dramani Mahama for the repositioning of the Ghanaian economy into an export-led one by providing the requisite investment to Ghanaian businesses.
Mr. James C. Cruse expressed US EXIM’s eagerness to deepen its existing relations with GEXIM and proposed the signing of a new Cooperative Framework Agreement following the expiration of a Memorandum of Understanding signed in 2019 to utilize US EXIM’s medium term loan guarantees to procure machinery by GEXIM for qualified Ghanaian Small and Medium-sized Enterprises (SMEs).
Mr.Sylvester Mensah thanked the Acting President and Chairman of US EXIM for hosting the GEXIM delegation and reaffirmed the Ghanaian government’s commitment to strengthening trade and investment between Ghana and its global partners for economic transformation of Ghana with GEXIM playing a pivotal role.
The two teams will be meeting on the sidelines of the 2025 US EXIM Annual Conference on 29th and April 30, 2025 to explore possible areas of collaboration and matching Ghanaian businesses to American companies. The meeting ended with an exchange of gifts.
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Many SOEs have been used as mere instruments for personal wealth accumulation –Pres.Mahama

President John Dramani Mahama has expressed concern over the misuse of State-Owned Enterprises (SOEs) for personal financial gain by individuals in leadership positions.
Speaking during a meeting with Chief Executives of specified entities under the State Interest and Governance Authority (SIGA) on Thursday, March 13, the President directly attributed the dire state of SOEs to their leadership, accusing chief executives, management teams, and governing boards of prioritising personal enrichment over organisational efficiency.
He pointed to bloated budgets, unjustified allowances, and unnecessary expenditures as factors draining public funds while SOEs continue to rely on government bailouts.
“Many SOEs have been used as mere instruments for personal wealth accumulation by appointees. The chief executives, management, and boards of these enterprises are responsible for this situation. Some SOEs have become perennial loss-makers, draining public funds with bloated budgets, unjustified allowances, and unnecessary expenditures while relying on government bailouts as if entitled to them. Many of these entities are at their lowest point in the entire history of the Fourth Republic,” he said.
President Mahama further noted that many SOEs have been plagued by inefficiencies, corruption, and mismanagement, leading to consistent financial losses. He cited the 2023 State Ownership Report by the State Interests and Governance Authority (SIGA), which highlighted systemic inefficiencies and wasteful expenditures within these entities.
He therefore reaffirmed his commitment to reforming under-performing SOEs and ensuring they serve national interests.
He warned that loss-making SOEs will no longer be tolerated and will either be merged, privatised, or closed.
“I will assess you based on your performance. If you do not align with the pace of the reset agenda, you may be asked to step aside. If that adds to the horror movie, so be it,” he added.
Source: Myjoyonline.com