The Office of the Special Prosecutor (OSP) yesterday executed a sweeping, court-authorised operation targeting a suspected fuel syndicate, carrying out coordinated searches at five major fuel depots and affiliated Bulk Distribution Company (BDC) premises across the country.
The investigation centers on alleged under-declaration of petroleum imports, falsification of product types during depot transfers, and deliberate tax evasion. Preliminary findings suggest collusion between certain BDCs and officials from the National Petroleum Authority (NPA), Ghana Revenue Authority (GRA), and National Security Secretariat (NSS), with intermediaries reportedly used to facilitate illicit financial transfers.
The companies under scrutiny include Platon Oil and Gas Ltd, Sentuo Oil, Akwaaba Oil, Sahara Oil and Gas Ltd, and Chase Petroleum Ghana Ltd.
According to OSP sources, investigators have seized critical documents and electronic materials, while several persons of interest remain in custody. The Special Prosecutor’s office confirmed that the probe is ongoing, with further updates expected in the coming days.
The operation is among the most significant enforcement actions in Ghana’s petroleum sector in recent years, signaling the government’s renewed determination to combat corruption, safeguard revenue, and ensure transparency in fuel distribution.
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The post OSP Smashes Fuel Syndicate in Nationwide Raids appeared first on The Ghanaian Chronicle.
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