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 Apetase Explosion: Maxam CO. Limited Fined $6m
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Apetase Explosion: Maxam CO. Limited Fined $6m

by Naa Adjorkor February 8, 2022 0 Comment
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Maxam Ghana Limited was fined $6 million by the Lands Minister, Samuel Abu Jinapor, for regulatory violations including the manufacture, storage, and transportation of explosives for mining and other civil works.

A three-member committee established by the government to investigate the explosion at Apeatse in the Prestea Huni-Valley Municipality of the Western Region, which killed fourteen people and destroyed the whole town, discovered the breaches.

Maxam had violated regulatory processes, according to the committee’s assessment.

The amount is $1 million and a $5 million fine, or its cedi equivalent at the prevailing commercial rate, according to a press statement issued by the Minister, which the corporation decided to pay the government following extensive discussions with the Ministry.

Despite the fact that the penalty for the violations range from GH600 to $10,000 under L.I. 2177, Mr Jinapor imposed a large punishment due to “the severity and fullness of the circumstances leading to this terrible tragedy.”

See Release Below:

Tags: $6m Apeatse Explosion Fined Maxam CO. Limited
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