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PetroSA deal: I’ve done nothing wrong to resign – Freddie Blay

by Newsroom
24 May 2023
in News
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29 CSOs want GNPC CEO and Freddie Blay removed over PetroSa deal
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Freddie Blay, the Board Chairman of the Ghana National Petroleum Corporation (GNPC) and former chairman of the New Patriotic Party (NPP), has discredited the accusations levelled against him by 29 Civil Society Organisations, who are calling for his resignation.

The reason behind these demands is the GNPC’s plan to sell a 50% stake in Jubilee Holdings Limited (JOHL) to PetroSA.

Mr. Blay asserted that he has not engaged in any wrongdoing that would justify his resignation. During an interview, he affirmed that he maintains a clear conscience regarding the sale of shares and would only step down if the president, who appointed him, no longer wishes to work with him.

“Possibly, I could be fired, but I don’t see any reason why they are saying I should resign about this issue. I have done nothing wrong. I have observed my conscience and I thought I was protecting the interest of the country, and I am convinced about it and if others think otherwise and if those who appointed me are saying otherwise, then so be it.”

He also revealed that he has had conversations with President Akufo-Addo regarding the issue.

“I have spoken to the president about it, and we haven’t gotten to where he will ask for his job back. It is not about convincing the president, the law will speak for itself and the law will talk and there are few documents on the agreement.”

He further clarified that he has no bad blood with the Energy Minister, Matthew Opoku Prempeh as reported by a section of the media.

“I don’t think we [he and Mr. Prempeh] have any differences that are so serious that they are detrimental to the interest of Ghana. You know, NAPO has strong opinions, and I am also a little determined when I am talking about anything that I know of. We met today and we exchanged ideas brightly.”

During a press conference on Tuesday, May 23, the 29 CSOs demanded the removal of the GNPC’s Chief Executive Officer, Opoku Ahweneeh Danquah, and Board Chairman, Freddie Blay.

The CSOs alleged that Mr. Blay, in his capacity as the GNPC Board Chairman, had written to PetroSA, offering an equal split in the interest held by GNPC’s subsidiary, Jubilee Oil Holdings Ltd.

Tags: Freddie BlayGNPCMatthew Opoku PrempehPetroSa
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