Ghana Oil Fraud Allegations: A Swiss Executive's Complaint

This episode discusses a Swiss oil executive who has filed a formal complaint with Ghana's Economic and Organised Crime Office (EOCO), accusing two Ghanaian petroleum firms, Springfield Exploration & Production Ltd. and GMP Energy Ltd., of a $94 million fraud scheme. The petition details two alleged schemes: one involving unreceived funds from a petroleum sale through BOST, and another concerning a $100 million loan facility to Springfield for an oil project, where the executive claims misrepresentation and non-repayment occurred.Read all our stories at labarijournal.com Hosted on Acast. See acast.com/privacy for more information.