The Bulk Oil Storage and Transportation Limited (BOST) has debunked earlier media reports which suggested that the company paid a little over GHS 28 million for the purchase of iPhones for its corporate executive members.
In a statement issued on September 30, the Oil Company maintained, it has made some purchase of the said iPhones but insisted that the total amount paid was about GHS 280,000 after taxes were paid.
The statement went further to justify the reason behind the purchase stating that it was to equip their team to stay up to speed with company’s information.
“The Bulk Energy Storage and Transportation Limited Company has noted with dismay a section of a procurement report making rounds in the traditional and social media space claiming the company bought 18 iPhones at a cost of GHS28,541,261.00 for some critical officers of the company.”
The purchase of the devices according to BOST was to equip the team to stay in touch with the management information and business intelligence systems of the company for efficient decision making.
BOST said, the results so far attest to the efficiency of the systems put in place which includes the access points for key members of the team to access processed information for efficient decision making.
“The company bought eighteen (18) pieces of iPhone 13 Pro Max phones for our corporate executives in May 2022. The total cost of the phones stood at GHS 234,000.00 grossed up for taxes at GHS285,412.16.”
“The GHS28,541,261.00 in the report may be due to a typographical error of placing the dot (.) two steps to the right which on the face of the document converted the GHS285,412.61 to GHS28,541,261.00), the BOST statement added.