BOST denies spending GHC28 million on phones for board members
The Bulk Energy Storage and Transportation Company Limited (BOST) said it spent GHC 234,000) to purchase (18) pieces of iPhone 13 Pro Max phones for the executives
The Bulk Energy Storage and Transportation Company Limited (BOST) has denied spending GHC 28 million cedis on phones for its board members.
It comes after information of the procurement report went viral on social media.
A statement issued by BOST on Saturday (30 September) said the company spent GHC 234,000) to purchase (18) pieces of iPhone 13 Pro Max phones for the executives adding that there was a typographical error in the report.
“The Bulk Energy Storage and Transportation Limited Company has noted with dismay a section of a procurement report making rounds in the traditional and social media space claiming the company bought 18 iPhones at a cost of Twenty-Eight Million, Five Hundred and Forty-One Thousand, Two Hundred and Sixty-One Ghana Cedis (GHS28,541,261.00) for some critical officers of the company.
“The company bought eighteen (18) pieces of iPhone 13 Pro Max phones for our corporate
executives in May 2022. The total cost of the phones stood at Two Hundred and Thirty-Four Thousand Ghana Cedis (234,000.00) grossed up for taxes at Two Hundred and Eighty-Five Thousand, Four Hundred and Twelve Ghana Cedis, Sixteen Pesewas (GHS285,412.16).”
“The Twenty-Eight Million, Five Hundred and Forty-One Thousand, Two Hundred and
Sixty-One Ghana Cedis (GHS28,541,261.00) in the report may be due to a typographical
error of placing the dot(.) two steps to the right which on the face of the document converted the GHS285,412.61 to GHS28,541,261.00), the BOST statement said.
Below is the full statement:
