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El Samuels: MBN360
The Accra High Court has reduced the bail amount for former Bulk Oil Storage and Transportation Company Limited (BOST) Managing Director, Edwin Provencal, from GH¢60 million to GH¢30 million. Provencal was arrested at Kotoka International Airport on November 10, 2025, while attempting to board a flight to Maputo, Mozambique, without proper authorization.
The Economic and Organised Crime Office (EOCO) is investigating Provencal for allegedly causing financial loss to the state. However, his lawyer, Charles Okyere, maintains that there is no evidence of wrongdoing and that the alleged financial loss has not occurred.
The revised bail conditions require Provencal to Provide two sureties and surrender his passport to the court registry
Provencal’s arrest is part of a broader investigation into BOST’s operations, with the government emphasizing transparency and accountability within state. The investigation is ongoing, and further details are expected to emerge
