President John Dramani Mahama has dissolved the boards of nine state institutions with immediate effect, the Minister for Government Communications has announced.
The affected institutions are Prestea Sankofa Gold Limited, Bulk Oil Storage and Transportation Company Limited (BOST), Volta Aluminium Company Limited (VALCO), Consolidated Bank Ghana Limited (CBG), Ghana Post Company Limited, Road Maintenance Trust Fund, TDC Ghana Limited, Ghana National Petroleum Corporation (GNPC), and the National Sports Authority.
A statement signed by the Spokesperson to the President and Minister for Government Communications, Felix Kwakye Ofosu, said relevant sector ministers had been directed to take all necessary steps, in accordance with applicable laws and governing instruments, to give effect to the dissolution.
The statement added that the affected boards would be reconstituted in due course.
