K. K. Sarpong does not benefit from Fueltrade



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Fueltrade, a bulk oil distributor, refuted the claims of the policy think tank vice chairman, IMANI Africa, that it would be owned by Ghana National Petroleum Corporation (GNPC) CEO K. K. Sarpong.

At the press conference in Accra on Thursday, at the press conference in Accra, Kofi Bentil was worried about how the oil exploration company could explain that Aker Energy is not respecting the laws of Ghana because of its political relations.

According to Mr. Bentil, one of the original partners of his predecessor, Fueltrade Ghana Ltd., belongs to Mr. Sarpong.

He added that the CEO's involvement in the company raises questions.

However, in a press release to Joy News, Fueltrade denied any involvement of Dr. Sarpong in the company.

The statement saire "Fueltrade Ltd wishes to point out that its shareholders are MM. Chris Chinebuah and Dzifa French Cudjoe, who have the legal and beneficial interest in the company.

"Fueltrade categorically states that it does not legally or beneficially belong to MK K. Sarpong and / or his family."

The company asked why IMANI, with all the time it had before the press conference, did not check its claims with the Registrar General's office, but went ahead to disclose such a lie.

They are "convinced that Imani Africa and Kofi Bentil have not undertaken any verification because they have decided to act maliciously and / or with irresponsible disregard for the truth, in order to achieve a collateral objective. .

You will find below a copy of the complete declaration:

Defamatory statement made on this subject by IMANI Africa and Kofi Bentil

On April 25, 2019, Imani Africa held a press conference on developments around the Deep Water Tano Cape Three-Point Block (TPL / CTP).

Speaking through his Vice President, Kofi Bentil, Imani Africa baderted that MK K. Sarpong and his family were the owners of Fueltrade Ltd.

Imani Africa and Kofi Bentil allegedly alleged this allegation on the grounds of alleged wrongdoing in relation to the DWT / CPT project. In particular, Imani and Kofi Bentil stated that it is unethical that Fueltrade Ltd, a company owned by Dr. K. K. Sarpong and his family, is a partner in the DWT / CTP project.

The clear but unfortunate intention of Imani Africa and Kofi Bentil was to induce Fueltrade Ltd into accusations of involvement in unethical business practices.

Fueltrade Ltd wishes to point out that its shareholders are MM. Chris Chinebuah and Dzifa French Cudjoe, who have the legal and beneficial interest in the company. Fueltrade categorically declares that it does not legally or effectively belong to K. K. Sarpong and / or his family.

Prior to the press conference, Imani Africa and Kofi Bentil had ample opportunity to verify the ownership of Fueltrade Ltd. .

Fueltrade Ltd is satisfied that Imani Africa and Kofi Bentil have not conducted any verification because they intended to act and speak maliciously and / or with reckless disregard of the truth, in order to achieve their goal.

By stating that our company is unethical and involved in unethical (lies) activities and for unacknowledged reasons, Imani Africa and Kofi Bentil have caused us embarrbadment and harm to the reputation. We asked our lawyers to ask for a retraction and an apology from them. If no manifestation of remorse materializes, we will take all necessary steps to protect our business and our hard-earned reputation.

Signed by

General manager

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