Ghana Gas plunged into boardroom wrangling over US$900 million deal

Workers at Ghana Gas Company are backing CEO Dr. Ben Asante against board chairman Kennedy Ohene Agyapong, following allegations that Agyapong is pushing a contentious multimillion-dollar deal.

The deal, valued at nearly $900 million, has led to significant boardroom tensions, with fears among workers and some board members that it could lead to future criminal issues.

A recent board meeting reportedly saw a heated exchange, with Agyapong allegedly insulting Asante and attempting to bypass procurement procedures.

The workers’ union supports Asante’s insistence on stringent procurement, opposing Agyapong, who stands to gain $50 million if the deal is approved.

Read full article