Torentco deal

We’re Just Poised To Revive TOR – Board Chair Says Torentco Deal Clean

We’re Just Poised To Revive TOR – Board Chair Says Torentco Deal Clean

The proposed leasing of the assets of Tema Oil Refinery to Torentco Asset Management Limited (TAML), which has been renamed as Tema Energy and Processing Limited (TEPL), is a clean deal, Board Chairman David Amoakomhas said. Both the Attorney General and Office of the Special Prosecutor have raised issues with the deal following petitions from the union. In a letter dated November 21, 2023, addressed to the Managing Director of TOR, Daniel Osei Appiah, the OSP said: "It has commenced an analysis of the risk of corruption in respect of the proposed partnership”. The Office thus directed TOR to furnish…
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