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Disagreement At PMMC: Board, MD petition President Over GH¢1.4m Scandal

The raging boardroom wrangling at the Precious Minerals Marketing Company (PMMC) has reached alarming heights as both the Managing Director of the company, Alhaji Sulemana Alhassan and the Board Chairman, Mr Kiston Akomeng Kissi, have separately petitioned the President, Nana Addo Dankwa Akufo-Addo, to intervene in the ongoing impasse.

While the managing director wants the President to launch an investigation into a decision by the board to disallow him from resuming his post as MD eight months after completing a 32-day annual leave in September last year, the board, on the other hand, wants the President to act on the findings of an audit report that indicts the MD.

A letter dated November 23, 2020, signed by Mr Kissi and addressed to Alhaji Alhassan, the board indicated that the initial report had uncovered financial irregularities to the tune of GH₵1,477,534 million.

The board asked Alhaji Alhassan, who was the former Upper West Regional Minister to proceed on his ‘outstanding’ annual leave effective Tuesday, September 22, 2020 to pave the way for a special audit to be conducted into the operations of the company.

June 9, 2021