Chief Executive of the National Petroleum Authority (NPA) Hassan Tampuli, has said his outfit is exploring various options, especially in the area of technology, to curtail the operations of petroleum fraudsters in the country.
The NPA in February this year confiscated petroleum products smuggled into the country estimated to be about GHC1 million.
The regulator said a total number of 28BRV, six canoes, four mobile pumps and five outboard motors carrying 709,250 litres of illegally smuggled petroleum products with taxes and levies value of GHC1, 150,186 have been confiscated.
The arrest, made in collaboration with the security agencies, is part of ongoing plans by the NPA to deal with fraudsters in the industry.
Speaking at the OIL and FUEL Supply Chain Security Conference on how to prevent fuel fraud in London, Mr Tampuli was optimistic the plans for further deployment of technology will help block smuggling channels, especially when existing tools have so far been helpful in addressing the issue of fuel theft.
“We intend going forward to use more technology like the use of flow meters at the depots and fuel receiving facilities,” he said, adding; “we insist that if they don’t get the flow meters at those facilities, we will procure for them and ensure that they are working.”
The conference which brought together petroleum experts and security agencies from AFRICA, EUROPE, NORTH AND SOUTH AMERICA, to find ways of collaborating to deal with smuggling, as well as cross border petroleum theft.
Mr Tampuli, who was speaking at the event, said Ghana has enjoyed effective collaboration with neighbouring countries such as Nigeria but said a lot more needed to be done to ensure the operations of the fuel cabal are dealt with.
“Ghana has taken a position to deal ruthlessly with the problem as it impacts on tax revenue. We are confident that the measures rolled out, and others to be rolled out shortly, will help minimize if not eradicate the menace.”
Mr Tampuli said the ongoing partnership with the security agencies means patrols at both the Eastern and Western coastlines to and facilitate arrests of smugglers, will continue to go on.
“GRA Customs monitors movement at the borders and facilitates asset confiscation and disposal of products.”
He also said there is enough political will from government to combat the activities of petroleum smuggling gangs, and warned everything will be done to ensure the businesses of those working within the rules, are protected.
Latest Stories
-
Labadi Beach Hotel pays over GH¢16m as dividend to SSNIT
42 mins -
Elon Musk can keep giving $1m to voters, judge rules
56 mins -
Election must not divide us, government will protect each citizen – Akufo Addo
1 hour -
Quincy Jones: His brilliance explained in 10 songs
4 hours -
Nigeria and Britain hail partnership to boost economic ties, security
4 hours -
Chad threatens to withdraw from multinational security force
4 hours -
Cocoa farmers hoard beans in anticipation of price hike, reports Reuters
4 hours -
Boat capsizes off Comoros islands, 25 killed, UN agency says
4 hours -
How are votes counted in the US election?
5 hours -
Mozambique presidential runner-up escapes alleged assassination attempt
5 hours -
Nigerian children who collapsed in court released
5 hours -
Integrity lacking in Ghana’s business history, says Dr David Ofosu-Dorte
5 hours -
Quincy Jones: From ‘street rat’ to music mastermind
6 hours -
Bawumia outlines plans to develop three major railway lines alongside road projects
6 hours -
I want you to be millionaires through my responsible mining policies – Bawumia assures miners
6 hours