Panel of 3 given 2 weeks to investigate and submit report on Essiam-GCMC Board impasse

The Ministry of Energy in collaboration with State Enterprise Commission(SEC) has set up a three Member committee to investigate allegations of corruption against the CEO of Ghana Cylinder Manufacturing Company Limited (GCMCL) Awurabena Frances Essiam.

The committee is composed of a Senior Lawyer and Governance expert, Chartered Accountant and Banker and a petroleum expert.

This was contained in a statement signed by the Chief Director of the Ministry of Energy Mr Lawrence Apaalse.

The committee is to submit its report in two weeks.

Meanwhile workers of the Ghana Cylinder Manufacturing Company Limited (GCMCL) are protesting the suspension of the Chief Executive Officer of the company Madam Awurabena Frances Essiam.

The workers say they are unhappy about the decision of the Board since State Enterprise Commission has constituted a five member committee to investigate the allegations of financial impropriety against the CEO.

They are wearing red arm band and wielding placards some of which had inscription like “Our company cannot collapse in June 2018”, “We cannot afford to lose our jobs”, “No Frances No Work”.

Madam Frances Awurabena Essiam is being accused by the Board of the company chaired by Hon. Frank Boakye Agyen of engaging in corruption and breaching procurement rules, ad reported.

The situation got murkier when the CEO allegedly locked the company and ordered the staff to stay at home until further notice.

The action of the CEO did not go down well with the board who convened an emergency meeting after which they voted 6-3 to suspend her.
Speaking to Oman FM Wednesday, monitored by, Union Chairman of the company William Klabo who expressed unhappiness about the development said all that the workers are looking for is to see their CEO back to work.

He underscored the need for the Board to use dialogue to address issues they have with the CEO instead of their current approach which has generated media war between them.

Some of the workers who also spoke to Oman FM accused the Board chairman and the former Finance and Account Manager of GCMCL of conniving to tarnish the image of the CEO.

They could not fathom why the two are seeking to destroy Frances Asiam who they describe as a good person.