Conflict claim: Fueltrade apologizes to IMANI



[ad_1]

General News on Friday, April 26, 2019

Source: citinewsroom.com

2019-04-26

Kofi Bentil6 Kofi Bentil, Vice President of IMANI Ghana

Fueltrade Ltd refuted the claims of IMANI Africa owned by the CEO of the Ghana National Petroleum Company (GNPC), Dr. K.K. Sarpong.

IMANI had stated that Mr Sarpong had links with Fueltrade, an Aker Energy partner agency, alleging a conflict of interest against him.

It is in this context that Aker Energy discovered oil in commercial quantities at Cape Three Point after taking over from Hess Energy.

IMANI Africa has accused Aker Energy of trying to jeopardize Ghana in its oil deal with Ghana for oil production.

The vice president of IMANI Africa, Kofi Bentil, said his team had discovered information about a potential conflict of interest and was seeking further explanation.

But in a statement, Fueltrade Ltd noted that "its shareholders are Messrs. Chris Chinebuah and Dzifa French Cudjoe, who have the legal and effective interest of the company."

"Fueltrade categorically declares that it does not legally or effectively belong to MK K. Sarpong and / or his family," the statement added.

The company said that IMANI had "proceeded to no verification because it had decided to act and speak with malice and / or with reckless disregard for the truth, in order to achieve a goal. accessory.

In view of this, the company claims to have asked its lawyers "to demand a retraction and an apology from" on behalf of IMANI.

"If no manifestation of remorse materializes, we will take all necessary measures to protect our business and our hard-earned reputation," the statement said.

K.K. Sarpong also issued a statement that the allegations against him were false.

He added that Fueltrade's involvement in the Aker deal had been sealed even before his appointment.

"Fueltrade's 2% stake in the Deepwater Tano Cape Three Points Block was acquired in 2014 well before my appointment in 2017 as General Manager of GNPC."

He also asked IMANI to apologize for the claims.

Find below the complete declaration

DECLARATION BY FUELTRADE LTD RELATING TO DEFAMATORY DECLARATIONS DONE BY IMANI AFRICA AND KOFI BENTIL

On April 25, 2019, Imani Africa held a press conference on developments around the Cape Deep Water Tano Three-Point Block (DWT / 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 argued that this claim was made in support of the alleged acts alleged against 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.

Imani Africa and Kofi Bentil have stated that our company is unethical and involved in unethical activities (based on lies) and for unacknowledged reasons, which has caused us embarrbadment and damage to the business. 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

Chris Chinebuah, CEO

[ad_2]
Source link