Skip to main content

57 Oil Marketing Companies (OMCs) sanctioned for cheating customers

Fifty-seven oil marketing companies (OMCs) have been sanctioned by the Ghana Standards Authority (GSA) for engaging in various infractions detrimental to the interest of consumers. All the affected OMCs are in the Greater Accra Region.
They were fined a total of GH¢261,000 for serving customers with lower volumes of fuel, using non-approved GSA seals and breaking GSA seals meant to stop cheating at the pumps.
The acting Director-General of the GSA, Prof. Alex Dodoo, told the Daily Graphic in an interview in Accra on Wednesday that the companies were sanctioned within a 12-month period.
He said the GSA undertook periodic checks on the operations of all OMCs across the country twice a year to ensure that they conformed to GSA standards.

Breakdown
Prof. Dodoo disclosed that 45 OMCs served their customers less fuel than the customers purchased and were accordingly fined GH¢5,000 each.
Ten other OMCs, he noted, used pumps not verified by the GSA, for which reason they were fined GH¢3,000 each.
According to him, two OMCs who were found to have broken nuzzles were also fined GH¢3,000 each for that infraction.
He said the OMCs were fined depending on the severity of their offences.
He said the GSA usually installed its seals on the nozzles of fuel pumps to ensure that consumers were not short-changed.
Prof. Dodoo declined to disclose the names of the sanctioned OMCs; with the explanation that majority of them were first-time offenders.
He, however, gave an assurance that the GSA would soon name and shame any OMC that repeated the named infractions.
Apart from naming and shaming, he noted, those which repeat the cited infractions would be dealt with in accordance with the law.

Nationwide exercise
Prof. Dodoo assured the public that the GSA was working round the clock in a bid to safeguard the interest of consumers.
He disclosed that the authority was currently working on its report from its nationwide inspection of fuel pumps and would soon make its findings public.
“We wish to assure the public that they have the right to know the performance of OMCs. We will put out our findings in the public domain as soon as we are done with our inspection across the country,” he noted.

Response from COPEC
Responding to the GSA’s intervention, the Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Mr. Duncan Amoah, told the Daily Graphic: “It is refreshing that the authority is keeping to its mandate of ensuring that Ghanaians do get value for money in all aspects of our national lives, especially within the petroleum downstream.”
“The practice of some dealers adjusting pumps to cheat or under-deliver to the unsuspecting public is one that has recently gained prominence due to the greed of some of these dealers,” he said.
He said sometimes consumers did, indeed, get raw deals at the pumps, especially from some greedy but experienced pump attendants who under-delivered.
“This practice does not only rob the unsuspecting consumer of value for money but also goes to enrich the crooks engaged in this practice,” he stated.
He said the current fine of GH¢5,000 each were obviously not deterrent enough.
“COPEC intends to forward a communiqué to the GSA to drastically increase these fines by at least 100 per cent to further deter others from engaging in this practice. We are also going to recommend custodial sentences for dealers found to be engaged in this act,” Mr Amoah said.

Credit: Graphic online

Comments

Popular posts from this blog

Ghana- Contract of UT Bank and Capital bank workers terminated

Pricewaterhouse Coopers (PwC) has commenced issuing letters to staff of former UT and Capital Banks. PwC is undertaking this exercise in its capacity as the receiver of the purchase and assumption agreement between GCB Bank and the two defunct banks. Information available to Citi Business News indicates that the letters are being served to all employees of the two affected banks. This is expected to affect about one thousand workers both of former UT and Capital banks. According to PwC, any claim of the workers in terms of salary arrears, wages, leave, severance pay and other entitlement will be dealt with in accordance with the provisions of the Labour Act, 2003 (Act 651) and the Banks and Specialized Deposit Taking Institutions Act, 2016 (Act 930). “Your contract of employment with UT has been terminated as a result of the receivership effective 14 August 2017. Any claim you have against UT such as arrears of salaries, wages, leave, severance pay and other entit...

Free download, Best accounting book for beginners

Free download  Frank Wood's business accounting book pdf 1 and 2 from the link below   I have used several accounting books in my short journey of studying accounting for my professional exams and one of the books which helped me in getting the fundamentals of the subject is the Frank Wood's business accounting series written by Frank Wood & Alan Sangster . The book is self explanatory and good for those who want to study accounting on their own or doing an online study.  The tenth edition of Frank Wood's business accounting 1 and 2 can be downloaded from the link below Frank Wood's Business Accounting 2- 10th Edition   Frank Wood's Business Accounting 1-10th edition  

Ghana-Northern Region Trade Fair 2017 launched

The Northern Region Office of Ministry of Trade and Industry (MoTI) is to organize the Northern Trade Fair 2017 to showcase emerging opportunities in the region for business to take advantage of. The event, scheduled for October 10 to October 14, 2017 is expected to bring together over 500 entrepreneurs, craftsmen, manufacturers, producers, service providers amongst other stakeholders to market their wares. It is being organized by MoTI in partnership with Universal Marketing Consultancy Limited and Dansyn Ghana Limited on the theme: “Harnessing the Emerging Business Opportunities in the North for Economic Development through Trade and Commerce.” Alhaji Alhassan Issahaku, Northern Regional Coordinating Director, who launched the event in Tamale on Wednesday, said “the region has a lot of potentials which businesses can exploit and we are positioning the private sector to take advantage and grow their business.” He said the fair formed part of efforts to repositi...