• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, October 25, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

GNPC Dismisses Allegations Of Internal Discord And Financial Misappropriation

evansjrby evansjr
March 13, 2024
Reading Time: 4 mins read
evansjrby evansjr
in General News
0
GNPC Dismisses Allegations Of Internal Discord And Financial Misappropriation

Head Office of GNPC

The Ghana National Petroleum Corporation (GNPC) has strongly refuted allegations circulating in various media platforms regarding internal dissent against its leadership and mismanagement of public funds.

In a detailed press statement responding to assertions made by the North Tongu Member of Parliament, Samuel Okudzeto Ablakwa, the Ghana National Petroleum Corporation underscored its unwavering commitment to unity, corporate governance, and visionary leadership.

The statement while denying the existence of any discord within its ranks, labelled the allegations as “baseless” and “unfounded”.

RelatedPosts

Individual Rights Must not be Sacrificed in Search for Justice – Fmr Deputy AG

Hosi Calls for Ofori-Atta’s Prosecution in Absentia

Tackle Party Financing and Asset Declaration to Curb Corruption — Lawyer Bobbie Banson

“GNPC operates with utmost transparency, integrity, and responsibility, aligning with our corporate values to execute our mandate seamlessly for the benefit of the Ghanaian people.

” Allegations suggesting otherwise are baseless and without any credibility whatsoever. GNPC will continue to drive progress, innovation, and excellence in the oil and gas industry”.

Ghana National Petroleum Corporation

The corporation further emphasized that its staff, including management, stand united in solidarity, demonstrating a culture of collaboration, mutual respect, and dedication to their mission.

According to the statement, the synergy between the leadership and staff at the Ghana National Petroleum Corporation over the years has helped foster an environment of trust and excellence in everything the corporation does.

Addressing the processes governing decision-making within the organization, the Ghana National Petroleum Corporation in its statement reaffirmed its adherence to best corporate governance and standard practices.

ADVERTISEMENT

The statement also clarified that all staff compensation and benefits are determined by the Board of Directors, ensuring decisions are made with consideration for the corporation’s financial stability and the welfare of its employees.

Furthermore, the Ghana National Petroleum Corporation clarified the status of its Chief Executive Officer’s contract, asserting that although the Chief Executive Officer, Danquah Opoku-Ahweneeh’s appointment was approved and confirmed by the Board, no new contract has been signed.

The statement posited that instead, the Chief Executive Officer has opted to continue on the terms of his predecessor’s contract, with no changes to his benefits over the past two years.

Danquah Opoku Ahweneeh
Danquah Opoku-Ahweneeh, CEO GNPC

Local and International Engagements Responsibly Undertaken

Commenting on the corporation’s international engagements and travel arrangements, the statement issued by the Ghana National Petroleum Corporation emphasized responsible conduct, stating that all engagements are strategically undertaken in adherence to established guidelines and policies.

The corporation also highlighted the importance of in-person meetings with key business partners abroad, underscoring how such in-person meetings are significant in securing exploration funding, enhancing upstream opportunities, and fostering strategic partnerships.

According to the statement, under the leadership of its Chief Executive Officer, Danquah Opoku-Ahweneeh, the Ghana National Petroleum Corporation has portrayed itself as thriving and excelling in the dynamic oil and gas industry.

The statement credited Mr Danquah’s visionary leadership and strategic foresight for positioning Ghana National Petroleum Corporation for sustained success, earning admiration and recognition within the oil and gas industry.

Moreover, Ghana National Petroleum Corporation’s statement reaffirmed its commitment to staff welfare and development, emphasizing a conducive work environment, ample growth opportunities, and fair compensation packages for its staff.

The statement cited the positive press release by the Senior Staff Association as evidence of its dedication to nurturing talent and ensuring excellence within its workforce.

The statement issued by Ghana National Petroleum Corporation comes in response to allegations against the Board and Management of the Ghana National Petroleum Corporation led by Mr Freddie Blay of increasing its allowance by 150% by Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa,

The Honorable Okudzeto Ablakwa further alleged that per diem for the Board Chairman of the Ghana National, Petroleum Corporation has increased overwhelmingly from 500 to 850 and 500 to 700 for the Chief Executive Officer and other board members, usually in dollars, Euros or Pounds in accordance with the specific travel destinations.

READ ALSO: NDC’s General Secretary Outlines Mahama’s People-Centered Policies

Tags: Danquah Opoku-AhweneehGhana National Petroleum Corporation (GNPC)Oil and Gas IndustrySamuel Okudzeto AblakwaStaff
Please login to join discussion
Previous Post

Elections In Ghana; A Battle Of Ethnic And Religious Belonging

Next Post

Mimi Andani Discloses Reasons For Ending Her Marriage

Subscription Form

Related Posts

Individual Rights Must not be Sacrificed in Search for Justice – Fmr Deputy AG
General News

Individual Rights Must not be Sacrificed in Search for Justice – Fmr Deputy AG

October 25, 2025
Senyo Hosi
General News

Hosi Calls for Ofori-Atta’s Prosecution in Absentia

October 25, 2025
Lawyer Bobbey Banson
General News

Tackle Party Financing and Asset Declaration to Curb Corruption — Lawyer Bobbie Banson

October 25, 2025
President John Dramani Mahama
General News

President Mahama Introduces Major Reforms to Strengthen Disability Rights

October 25, 2025
President John Dramani Mahama
General News

Ghana Rollout Free Tertiary Education for PWDs, Mahama Calls it a Landmark for Social Justice

October 25, 2025
Focus on Building Party Unity, Not Open Endorsements – Buckman Chides Minority MPs
General News

Focus on Building Party Unity, Not Open Endorsements – Buckman Chides Minority MPs

October 24, 2025
Individual Rights Must not be Sacrificed in Search for Justice – Fmr Deputy AG
General News

Individual Rights Must not be Sacrificed in Search for Justice – Fmr Deputy AG

by Emmanuel Tibila BoasahOctober 25, 2025
Senyo Hosi
General News

Hosi Calls for Ofori-Atta’s Prosecution in Absentia

by Silas Kafui AssemOctober 25, 2025
Ouattara Asserts Importance Of Voting As Ivory Coast Goes To The Polls
Africa

Ouattara Asserts Importance Of Voting As Ivory Coast Goes To The Polls

by Comfort AmpomaaOctober 25, 2025
Galamsey: NAIMOS Strikes in Hiawa Koofrom, Arrests Chinese Miners
Extractives/Energy

Galamsey: NAIMOS Strikes in Hiawa Koofrom, Arrests Chinese Miners

by Bless Banir YarayeOctober 25, 2025
Lawyer Bobbey Banson
General News

Tackle Party Financing and Asset Declaration to Curb Corruption — Lawyer Bobbie Banson

by evansjrOctober 25, 2025
Over GH¢70B Lost to Projects, GIP to Rescue
Economy

Over GH¢70B Lost to Projects, GIP to Rescue

by Michael Teye-Bio NaduteyOctober 25, 2025
Individual Rights Must not be Sacrificed in Search for Justice – Fmr Deputy AG
Senyo Hosi
Ouattara Asserts Importance Of Voting As Ivory Coast Goes To The Polls
Galamsey: NAIMOS Strikes in Hiawa Koofrom, Arrests Chinese Miners
Lawyer Bobbey Banson
Over GH¢70B Lost to Projects, GIP to Rescue

Recent News

Individual Rights Must not be Sacrificed in Search for Justice – Fmr Deputy AG

Individual Rights Must not be Sacrificed in Search for Justice – Fmr Deputy AG

October 25, 2025
Senyo Hosi

Hosi Calls for Ofori-Atta’s Prosecution in Absentia

October 25, 2025
Ouattara Asserts Importance Of Voting As Ivory Coast Goes To The Polls

Ouattara Asserts Importance Of Voting As Ivory Coast Goes To The Polls

October 25, 2025
Galamsey: NAIMOS Strikes in Hiawa Koofrom, Arrests Chinese Miners

Galamsey: NAIMOS Strikes in Hiawa Koofrom, Arrests Chinese Miners

October 25, 2025
Lawyer Bobbey Banson

Tackle Party Financing and Asset Declaration to Curb Corruption — Lawyer Bobbie Banson

October 25, 2025
Over GH¢70B Lost to Projects, GIP to Rescue

Over GH¢70B Lost to Projects, GIP to Rescue

October 25, 2025
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address