Wednesday, 22 April

CEMSE petitions EOCO over alleged fuel sales irregularities and data manipulation

News
Raymond Archer, Executive Secretary EOCO

The Economic and Organised Crime Office has been petitioned to investigate alleged irregularities in fuel sales involving Life Energy and four of its retail outlets in the Western North and Bono regions.

The petition, submitted by the Centre for Environmental Management and Sustainable Energy (CEMSE), raises concern over suspected data manipulation, possible fuel diversion, and potential financial losses to the state.

According to CEMSE, an analysis of loading and sales records for August 2025 indicates that Life Energy reportedly lifted about 5.5 million litres of petroleum products from Rock Africa Limited.

The organisation claims each of the four outlets—located in Sefwi Osei Kojokrom, Sefwi Debiso, Sefwi Yawmatwa, and Dormaa Ahenkro—was reported to have sold an identical average volume of approximately 1.38 million litres within the same period.

CEMSE argues that the figures appear unrealistic given the size, location, and typical demand patterns of the communities involved.

It noted that achieving such volumes would require daily sales of over 44,000 litres per outlet, a level it describes as commercially implausible for semi-urban and rural settings.

The organisation further alleged that the uniformity in reported sales across the four outlets suggests the possibility of fictitious reporting or “round-tripping” of fuel transactions.

It also raised concerns about potential smuggling or diversion of petroleum products, suggesting that the volumes involved may have been redirected to unauthorized markets, including cross-border trade, while being recorded as retail sales.

Additionally, CEMSE warned that if the figures were used to claim benefits under the Uniform Petroleum Pricing Fund (UPPF), the state could have suffered losses estimated at about GHS2.5 million.

The petition is calling on EOCO to undertake a forensic audit of the transactions, including verifying sales receipts, delivery records, and electronic tank data from the outlets.

It also urged investigators to obtain loading manifests, delivery waybills, and truck tracking data from Rock Africa Limited, as well as conduct on-site inspections to assess the storage and dispensing capacities of the facilities involved.

CEMSE maintains that a thorough investigation is necessary to establish the accuracy of the reported figures and to safeguard the integrity of Ghana’s downstream petroleum sector.

Source: Classfmonline.com/Cecil Mensah