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CEO of GCMCL awards fictitious contracts

The Chief Executive Officer (CEO) of the Ghana Cylinder Manufacturing Company Limited (GCMCL) Frances Essiam has been accused of awarding several contracts worth millions of Ghana cedis without recourse to the company’s board.

Starr News has intercepted a letter from the company’s board warning her to stay off the disbursement of a GH¢5million stimulus package sought by the government for the company.

May 7, 2018

References:

• https://www.ghanacrusader.com/frances-essiam-shuts-down-gcml/
• https://www.ghanaweb.com/GhanaHomePage/NewsArchive/I-haven-t-awarded-fictitious-contracts-Frances-Essiam-Fumes-649811
• http://www.pulse.com.gh/news/business/frances-essiam-denies-awarding-fictitious-contracts-id8353177.html
• http://starrfmonline.com/2018/05/07/i-havent-awarded-fictitious-contracts-frances-essiam-fumes/
• https://www.ghanaweb.com/GhanaHomePage/NewsArchive/GCMCL-saga-Board-Chair-has-evil-agenda-against-me-Frances-Essiam-649883
• https://www.ghanaweb.com/GhanaHomePage/NewsArchive/Frances-Essiam-locks-GCMCL-asks-all-workers-to-go-home-649875
• http://www.thyreporter.com/caseley-hayford-fingered-in-gh70k-contract-in-gcmc-probe/
• https://citinewsroom.com/2018/05/08/frances-essiam-suspended-as-ceo-of-gas-cylinder-company/
• http://3news.com/frances-essiam-suspended-as-gcmc-ceo/
• http://starrfmonline.com/2018/05/09/essiam-suffocating-gcmcl-with-gh%C2%A237m-debt-former-staff/
• https://citinewsroom.com/2018/07/04/dissolve-ghana-cylinder-manufacturing-board-nana-addo-orders/
• http://3news.com/akufo-addo-orders-dissolution-of-gcmc-board/
• https://www.ghanaweb.com/GhanaHomePage/NewsArchive/Frances-Essiam-s-GCMC-spends-GHS250-4K-on-office-furniture-672554?channel=A2
• https://www.classfmonline.com/1.11728877
• https://readghnews.com/2018/08/07/probe-frances-essiam-accountant-petitions-amidu/