Freddie Blay

GNPC-PetroSA Deal: Freddie Blay Bows To Pressure, Ceases Pursuit Of Transaction

GNPC-PetroSA Deal: Freddie Blay Bows To Pressure, Ceases Pursuit Of Transaction

After what has seemed like pressure mounted on Freddie Blay, the Board Chairman of the Ghana National Petroleum Corporation (GNPC), he has indicated that he is no longer pursuing the offer of having PetroSA get an equal split in the interest held by GNPC’s subsidiary Jubilee Oil Holdings Ltd. According to a myjoyonline.com report, Freddie Blay said this decision was informed by the directive given by the Minister of Energy, Dr. Matthew Opoku Prempeh. “As I talk to you now, I have ceased and I have desisted in accordance and with directives of my supervising minister,” he said. The GNPC Board Chairman is also…
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I Have No Intention Selling GNPC Oil Stake To Petrosa – Freddie Blay Threatens To Sue CSOs

I Have No Intention Selling GNPC Oil Stake To Petrosa – Freddie Blay Threatens To Sue CSOs

The allegations surrounding the supposed "surreptitious," "clandestine," and "scandalous" sale of the "so-called" Ghana National Petroleum (GNPC) shares are "unequivocally false", Board Chair Freddie Blay has said in an official statement. According to him, "there is no intention by GNPC or me, as its Chairman, to divest 7% shareholding in JOHL nor has there been any claim by PetroSA to acquire shareholding interests in JOHL". He said "such claims can only stem from an uninformed and malevolent mind". A few days ago, some 29 civil society organisations in the extractive industry said Mr Blay and the state oil company’s acting…
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GNPC-PetroSA Deal: I Will Not Resign! – Freddie Blay Replies CSOs

GNPC-PetroSA Deal: I Will Not Resign! – Freddie Blay Replies CSOs

Freddie Blay, Board Chairman of the Ghana National Petroleum Corporation (GNPC) has reacted to calls by a group of Civil Society Organizations (CSOs) calling for him to be immediately dismissed by president Nana Addo Dankwa Akufo-Addo. Blay, a former New Patriotic Party (NPP) chairman said in an interview with Citi FM said he would rather be fired by the appointing authority than to resign. He also confirmed having held talks with president Akufo-Addo over a May 16 stinging letter Minister of Energy, Matthew Opoku Prempeh wrote in respect of a planned sale of 50% shares of government's stake in an oil…
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GNPC-PetroSA Deal: 29 CSOs Call For Immediate Dismissal Of GNPC Board Chair, CEO

GNPC-PetroSA Deal: 29 CSOs Call For Immediate Dismissal Of GNPC Board Chair, CEO

A group of 29 CSOs on Extractive Governance are calling for the immediate dismissal of the GNPC Board Chairman, Freddie Blay and Chief Executive Officer of the Corporation, Opoku Ahweneeh Danquah. The calls come on the back of recent reports and documents indicating GNPC’s intention to sell 50% stake in Jubilee Holdings Limited (JOHL) in a deal with a South African oil company, PetroSA despite significant revenue potential this interest holds for the state. Coordinator for the Economic Governance Platform, Abdul Karim Mohammed speaking at a press briefing on May 23, 2023 noted that the persistent involvement of such persons associated with…
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PetroSa Deal Is Not In The Interest Of Ghana – NAPO Tells Freddie Blay, GNPC

PetroSa Deal Is Not In The Interest Of Ghana – NAPO Tells Freddie Blay, GNPC

The Minister for Energy, Dr. Matthew Opoku Prempeh, alias NAPO, has called out the Board Chairman of the Ghana National Petroleum Corporation (GNPC), Freddie Blay, over the PetroSA deal, which seeks to offload some of Ghana's oil interests to the South African National Company (PetroSA). According to The Chronicle newspaper, NAPO, in a letter to Freddie Blay, which it sighted, accused the former New Patriotic Party (NPP) chairman of pushing for the deal despite a government directive for it to cease. The energy minister, who is also the member of parliament for Manhyia South, told Blay that it is scandalous for him to…
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You Should Have Been Smart Enough-Defending Aisha Huang’s Accomplices Has A Serious Political Implication- Lawyer Ampaw Tells Freddie Blay

You Should Have Been Smart Enough-Defending Aisha Huang’s Accomplices Has A Serious Political Implication- Lawyer Ampaw Tells Freddie Blay

Private legal practitioner, Lawyer Maurice Ampaw has stated the former National Chairman of the New Patriotic Party(NPP), Freddie Blay defending the four accomplices of galamsey queen, Aisha Huang will put a dint on the party. His comment comes after Freddie Blay joined Lawyer Nkrabeah Effah Dartey to defend Aisha Huang and her accomplices .The four accomplices; Gao Jin Cheng, Lu Qi Jun, Haibin Go and Zhang Zhipeng together with the ‘galamsey’ queen, Aisha Huang are being held by the state for their involvement in illegal mining, popularly known as galamsey. Speaking in an interview with Kwaku Dawuro on Movement In…
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