Counsel for former Managing Director of the Bulk Oil Storage and Transportation Company Limited (BOST), Edwin Provencal, Charles Okyere, has revealed that the bail terms for his client have been reduced from GHC60 million to GHC30 million.
According to him, the reason for Mr Provencal’s arrest is an accusation of causing financial loss.
However, Mr Okyere indicated that his client has committed no wrongdoing.
He made these remarks in an interview with journalists after securing the varied bail terms, which now include two sureties and an order for Mr Provencal to deposit his passport at the court registry.
“EOCO is purportedly investigating him for causing financial loss. It’s a very detailed matter. The supposed financial loss itself has not even occurred. There’s no loss at the moment. So, you cannot be investigating somebody or charging somebody for a crime that has not been committed,” he said.
Mr Provenval was arrested at Kotoka International Airport (KIA) on Monday, November 10, while boarding a flight to Maputo, Mozambique.
Authorities claimed he failed to obtain the required authorisation before travelling.
By: Rainbowradioonline.com/Ghana
