The former Managing Director of the Bulk Oil Storage and Transportation (BOST) Company Limited, now known as BOST Energies, Dr. Edwin Provencal, has reportedly been arrested by the Economic and Organised Crime Office (EOCO) while attempting to board a flight at the Kotoka International Airport.
Dr. Provencal was said to be en route to Mozambique for an engagement when the arrest took place.
It is not yet clear what necessitated EOCO’s action.
Some social commentators are linking his arrest to the previous administration’s Gold-for-Oil (G4O) programme.
However, this portal recalls that in October 2025, EOCO issued a statement debunking a report about the alleged arrest of the Chief Executive Officer of Springfield E&P, Mr. Kevin Okyere, in Dubai, following claims that the agency had failed to act on a petitioner’s case.
In that statement, EOCO clarified that it was investigating two cases. It explained that the first case involved Springfield E&P, while the second concerned a dispute between Springfield E&P and BOST, following a petition the office had received.
EOCO noted that the BOST–Springfield case was of significant economic importance, with immediate implications for BOST’s finances, making it a priority investigation.
This portal cannot confirm whether Dr. Provencal’s arrest is connected to the Gold-for-Oil programme or the Springfield E&P–BOST dispute.
Efforts by this portal to reach his lawyers for comment have so far been unsuccessful.
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