Accra, Jan 8, GNA-KGL is a solid global brand, and no amount of negativity can bring it down, especially one from Fourth Estate and Media Foundation for West Africa.
“As a responsible corporate entity, KGL fully supports the review process being undertaken by the Attorney-General and Ministry of Justice because it will bring finality to the unnecessary attacks against the NLA-KGL deal”.
A statement signed by Dr Razak Kojo Opoku, Former Head of Public Relations of NLA and copied to the Ghana News Agency said “when you have credibility like KGL, you certainly do not have a reason to worry or fear scrutiny. Therefore, KGL as a corporate entity would not waste its precious time, energy, and resources to comment on the noise from Fourth Estate”.
It said since review and renegotiations were not related to termination or cancellation or abrogation, the Fourth Estate and Media Foundation for West Africa should bury their heads in shame because their agenda against KGL was unsuccessful.
It said when they started their negative campaign against KGL, their suggestion to Mahama’s government was cancellation, termination and abrogation of the ‘terrible’ NLA-KGL contract, but in the wisdom of Mahama’s government, the NLA-KGL deal SHALL stay forever with reviews and renegotions in the interests of the State(NLA and GRA) and KGL.
“We seriously need to commend the efforts of Mahama’s government for protecting as well as creating enabling environment for private sector and indigenous entrepreneurs to grow as enshrined in Article 36(Economic Objectives) of the 1992 Constitution”.
The statement said when the facts, data and reality defeated them, they had now made a u-turn to claim credit for the Review Process being undertaken by the Attorney-General and Ministry of Justice.
It said before the propaganda by Fourth Estate and subsequent petition to the Office of the President, the current Board of NLA as part of its mandate had already written to the Attorney-General for an assessment and review of the licensing agreement with KGL.
“Also, even per the licensing agreements of KGL, a review exercise is mandatory after every three years, and negotiations must start 6 months into the next year. However, both NLA and KGL agreed to bring forward the review exercise to early this year 2026 to create enough space for review and negotiations ahead of the implementation in 2027”.
GNA
Edited by George-Ramsey Benamba