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PIAC demands whereabouts of US$100m oil proceeds

The Public Interest and Accountability Committee (PIAC) is demanding answers on why US$100.7million was not paid into the Petroleum Holding Funds as required by law. The amount relates to 944,164bbls of crude liftings made by JOHL, a subsidiary of Ghana National Petroleum Corporation (GNPC) that holds 7 percent interest in …

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