MAHAMA STRIKES, DISSOLVES BOARDS OF NINE STATE INSTITUTIONS

President John Dramani Mahama has dissolved the Boards of nine state institutions with immediate effect.

The institutions affected are:

* Prestea Sankofa Gold Limited * Bulk Oil Storage and Transportation Company Limited (BOST) * Volta Aluminium Company Limited (VALCO) * Consolidated Bank Ghana Limited (CBG) * Ghana Post Company Limited * Road Maintenance Trust Fund * TDC Ghana Limited * Ghana National Petroleum Corporation (GNPC) * National Sports Authority

Relevant sector Ministers have been directed to take all necessary steps, in accordance with the applicable laws and governing instruments, to give effect to the dissolution of the Boards.

A statement from the Presidency Communications, signed by Felix Kwakye Ofosu, Spokesperson to the President and Minister for Government Communications, said the affected Boards will be reconstituted in due course.

By Agnes Kusi