< Back to homepage

BOST admits to buying 18 iPhones for staff

The Bulk Oil Storage and Transportation Limited Company (BOST) has issued a statement addressing recent reports regarding its acquisition of 18 iPhone 13 Pro Max devices for corporate executives, clarifying the actual cost of the purchase.

In their response, BOST acknowledged the procurement of the iPhones for their corporate executives in May of the previous year.

Contrary to the reported cost of over GH¢28 million, BOST clarified that the total expense for the phones amounted to GH₵234,000, which, when accounting for taxes, equaled GH₵285,412.16p. This accurate figure had been properly documented in the company's financial report.

Oct. 1, 2023

References:

• https://www.ghanaweb.com/GhanaHomePage/NewsArchive/GH-15-800-per-phone-BOST-confirms-buying-18-iPhones-for-top-corporate-executives-1854113
• https://citinewsroom.com/2023/10/we-spent-gh%C2%A2285k-on-18-iphones-not-gh%C2%A228m-bost/
• https://www.myjoyonline.com/bost-admits-to-buying-18-iphones-for-staff-but-contests-amount-involved/
• https://3news.com/bost-admits-buying-18-iphones-for-staff-but/
• https://citibusinessnews.com/2023/10/bost-clarifies-amount-paid-for-iphones-bought-for-company-executives/
• https://www.graphic.com.gh/news/general-news/bost-denies-buying-18-iphones-for-ghs28-million-says-it-paid-ghs285-412-instead.html