The Office of the Special Prosecutor (OSP) has instructed the Tema Oil Refinery (TOR) to suspend the planned partnership agreement with Tema Energy and Processing Limited (TEPL) immediately.
This decision was made in response to objections from TOR staff regarding the partnership agreement with Torentco Asset Management Limited, now known as Tema Energy and Processing Limited.
In a letter dated November 21, 2023, the Special Prosecutor, Kissi Agyebeng, addressed the Managing Director of TOR, Daniel Osei Appiah. Agyebeng stated that his office is currently evaluating the risk of corruption associated with the proposed partnership.
As a result, he directed TOR to halt all activities related to the partnership agreement, including negotiations and operations, until further notice from the Special Prosecutor.
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