GNPC-PetroSA deal

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

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

Wontumi2Business
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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GNPC-PetroSA Deal: I Will Not Resign! – Freddie Blay Replies CSOs
24 May

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

Wontumi2Business,
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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