• Latest
  • Trending
Energy Minister & GNPC chairman’s dirty boardroom wrangling continues

Energy Minister & GNPC chairman’s dirty boardroom wrangling continues

June 5, 2023
Daddy Lumba’s Funeral

Lawyers Insist: Daddy Lumba’s Funeral Set Firmly for December 13

November 29, 2025
Volta Fair

Volta Fair 2025: Regional Minister Highlights 10 Key Gains of Ghana’s First 24-Hour Economy Trade Expo

November 28, 2025
Mzbel

“They Don’t Pick My Calls Anymore” — Mzbel Cries Over NDC Bigwigs’ Post-Election Snub

November 28, 2025
Nana Konadu Agyemang-Rawlings Today

Ghana Bids Final Farewell to Nana Konadu Agyemang-Rawlings Today

November 28, 2025
Volta Fair

Volta Fair: Volta Trade and Investment Fair Starts Today, Runs For 24 Hours Nonstop Till December 8

November 26, 2025
Volta Region’s Unwavering Support for Mahama Rooted in Experience, Promise, and Proven Leadership – Regional Minister Declares

Volta Region’s Unwavering Support for Mahama Rooted in Experience, Promise, and Proven Leadership – Regional Minister Declares

August 2, 2025
Akwatia MP Ernest Kumi Confirmed Dead at 40

BREAKING: Akwatia MP Ernest Kumi Confirmed Dead at 40

July 7, 2025
Gun attack in Binduri leaves one dead and burned

Gun attack in Binduri leaves one dead and burned

April 14, 2025
Fear grips Goma after overnight clashes between rebel groups

Fear grips Goma after overnight clashes between rebel groups

April 14, 2025
Charlotte Osei, Justice Dzamefe Among Mahama’s Picks for Supreme Court?

Charlotte Osei, Justice Dzamefe Among Mahama’s Picks for Supreme Court?

April 13, 2025
Chief Justice submits response to removal petitions to Mahama

Chief Justice submits response to petitions for her removal to Mahama

April 7, 2025
National Security Tracks Down ‘Alhaji’ in Sapeiman Counterfeit Ring Involving BoG Cash Boxes

National Security Tracks Down ‘Alhaji’ in Sapeiman Counterfeit Ring Involving BoG Cash Boxes

April 7, 2025
  • HOME
  • POLITICS
  • GENERAL NEWS
  • INTERNATIONAL NEWS
  • SCHOLARSHIP
  • OPINION
  • JOBS
  • SPORTS
  • Entertainment
Friday, December 5, 2025
  • Login
InsiderGH.com
  • HOME
  • POLITICS
  • GENERAL NEWS
  • INTERNATIONAL NEWS
  • SCHOLARSHIP
  • OPINION
  • JOBS
  • SPORTS
  • Entertainment
No Result
View All Result
  • HOME
  • POLITICS
  • GENERAL NEWS
  • INTERNATIONAL NEWS
  • SCHOLARSHIP
  • OPINION
  • JOBS
  • SPORTS
  • Entertainment
No Result
View All Result
InsiderGH.com
No Result
View All Result
  • HOME
  • POLITICS
  • GENERAL NEWS
  • INTERNATIONAL NEWS
  • SCHOLARSHIP
  • OPINION
  • JOBS
  • SPORTS
  • Entertainment
ADVERTISEMENT
Home POLITICS

Energy Minister & GNPC chairman’s dirty boardroom wrangling continues

June 5, 2023
inPOLITICS
Reading Time: 6 mins read
0
Energy Minister & GNPC chairman’s dirty boardroom wrangling continues
Kindly share

The last week two weeks, have witnessed dirty boardroom wrangling between the Energy Minister, Dr Matthew Opoku Prempeh and Freddie Blay, a former New Patriotic Party (NPP) National Chairman and current Board Chairman of the Ghana National Petroleum Corporation (GNPC), with the two men getting at each other’s throat either covertly or overtly.

Daily Guide, a private newspaper owned by Mr Blay, was last week forced to retract a publication titled “Napo Celebrates Birthday in Monaco.” After seeking to paint the Energy Minister as living above his means in a period of economic crisis under the Akufo-Addo government, the paper proceeded to apologize.

The bad blood between the two appointees of the Akufo-Addo government, started over what the Energy Minister calls the Board Chairman’s “scandalous” attempt to sell GNPC’s shares held by Jubilee Holdings Limited (JOHL) in the Cayman Islands valued at US$164.8 million as of 2021.

Dr Opoku Prempeh, the Member of Parliament (MP) for Manhyia South later reported Mr Blay to the President, Nana Akufo-Addo, saying his attempt to sell 50percent share of JOHL to Petroleum Oil and Gas Corporation of South Africa (PetroSA), was in direct contravention of the Government’s express directives on the subject matter.

The matter led to an emergency board meeting which was stormed by the minister, who was said to have raised his voice at Mr Blay for disregarding his directives. The meeting held on the minister’s birthday, ended abruptly.   

The revelation, later led to a press conference by Civil Society Organizations (CSOs) who demanded Mr Blay’s dismissal as the GNPC board chairman accusing him of bad corporate governance in the use of GNPC’S letterheads to correspond with the PetroSA about the sale of the shares, despite the Energy Minister’s stern warning.

The GNPC Board Chairman, age 72, in response strategically avoided his supervisory minister, while threatening to rather sue the 29 CSOs who called for his dismissal over the attempted sale of the share to PetroSA.

In his second public statement after the scandal first reported by The Herald, he sought to question the intellectual capacity of the CSOs on Ghana’s Companies Act 2019 (Act 992) and transfer of shares, and directed them to Google search the requirement of the law, before jumping into conclusion on what he was doing with PetroSA.   

“Ghana is a country of law, and there are laws and procedures governing the sale and transfer of shares, under Ghana’s Companies Act 2019 (Act 992), even for private companies. I encourage all my accusers, and the public to Google “what is the procedure for share transfers in Ghana”, educate themselves, and draw their own conclusions on the veracity or duplicity of the allegations. Shares of a company are not a pack of cigarettes anyone, and for that matter, the Chairman of GNPC can keep in his or her pocket and vend by the street!” he said in a statement dated 25 May, 2023.

But shortly after this, his newspaper; Daily Guide, claimed that the Energy Minister had flown to Monaco for his 55th birthday party, forcing a reaction from a lawyer for the minister by name Nana Agyei Baffour.

The legal practitioner, in a letter dated June 1, 2023 denied the report, demanded an apology and retraction of the false allegations made against the Minister failure for which legal remedies were going to be instituted against the media house.

Before the lawyer’s statement, a spokesperson for the same Minister, had also in a statement debunked the story, describing it as unintelligent and a complete fabrication.

Daily Guide in a publication on page 12 of its June 2, 2023 edition, retracted and apologized to the Minister.

“Upon a careful examination, we discovered that our initial full report contained factual inaccuracies,” the statement said, adding “We appreciate the need for accuracy and as such extend our apologies for the earlier misreport”.

“We hereby retract the story and apologize for any inconvenience the publication might have caused,” it concluded.

Kofi Abrefa Afena, a spokesperson for the Energy Minister, had denied claims that the minister celebrated his 55th birthday in Monaco.

In a press release, Kofi Abrefa Afena, had insisted that the said media publication was “a total fabrication” and that Dr. Prempeh was in Ghana on his birthday.

“On the 23rd of May, 2023 which marked the 55th birthday of Dr. Matthew Opoku Prempeh, he was in Ghana and attended a meeting of the Economic Management Team (EMT),” the statement said.

“On the 23rd of May, 2023 which marked the 55th birthday of Dr. Matthew Opoku Prempeh, he was in Ghana and attended a meeting of the Economic Management Team (EMT),” the statement said.

“On the same day, 23rd May, Dr. Prempeh also attended a Board meeting of the governing Board of the Ghana National Petroleum Corporation (GNPC).”

The Energy Minister’s spokesperson said that on the day after his birthday, Dr Prempeh recorded an appreciation message to his well-wishers and then spent the rest of the day in his office carrying out his routine official duties.

“Dr Prempeh after seeking the necessary approval from the Chief of Staff at the Office of the President, travelled abroad on KLM to Athens for a brief holiday,” Kofi Abrefa Afena added in the statement.

“The general public is kindly asked to completely disregard the publication, which is a total affront to the concept of believability quotient in journalism.”

Meanwhile, a journalist close to the Energy Minister has said that people in the NPP hate Dr. Opoku Prempeh, because of his immense popularity in the ruling political party.

Wontumi Radio and Movement TV’s Kwaku Dawuro, who spilled the beans, said Napo’s unique kindness has made him the toast of NPP members and supporters across the country.

According to him, scores of NPP members love Napo because he is accessible, extremely kind, and always available to offer a helping hand to his party members and even non-NPP members. However, Kwaku Dawuro said Napo’s ever increasing popularity in the NPP seems to be creating discomfort for someone ‘wicked’ people in the party, who have developed strong hatred for him without reason.

“Napo is loved by most of the NPP members because of his kindness. There are reports of Napo assisting party people who approach him for support in times of need. “This kind nature of Napo has made him very popular in the party so some jealous people in the NPP, who hate him without justification, have started diabolical acts to pull him down but it won’t work.

“I haven’t met Napo in person before, but his amazing kindness and good works are all over the place, and we are all proud of him”, Kwaku Dawuro stated on his show on Movement TV.

Kwaku Dawuro said that aside from being kind-hearted and accessible, Napo has also marketed himself well with his outstanding performances in this current NPP administration. “Without Napo, there is no way that the NPP government could have implemented the free Senior High School (SHS) policy. He has also stopped the power crisis, popularly called ‘Dumsor’,” he remarked and praised Napo.

The top broadcast journalist said the opposition NDC are also afraid of Napo because he is bold and efficient, adding “the naysayers in the NPP should let Napo have his peace and sustain his good works for mother Ghana”.

Tags: Dr Matthew Opoku PrempehFreddie Blay
  • Trending
  • Comments
  • Latest
Supreme Court quashes re-collated results for Okaikwei Central, Tema Central, two others

Supreme Court throws out injunction against anti-gay bill

March 19, 2024
Christopher Adu Boahen robbed and killed

Christopher Adu Boahen, son of NPP’s Professor Adu Boahen, robbed and killed

March 19, 2024
Controller and Accountant General, Kwasi Kwaning-Bosompem sacked

Controller and Accountant General, Kwasi Kwaning-Bosompem sacked

April 12, 2024
Congo coup

BREAKING: Coup underway in Congo-Brazzaville while 79-year-old President is in the US for UN Summit

September 17, 2023
Yagbonwura refuses to stand up to greet Akufo-Addo

Tell him I won’t stand up! — Yagbonwura refuses to stand up to greet Akufo-Addo

April 29, 2024
Kuame Eugene accident

Kuame Eugene sustains injuries following collision with tipper truck on N1 highway

March 18, 2024
Gabon coup

BREAKING:Senior Military Officers Announce Coup in Gabon After Rigged Presidential Election

August 30, 2023
Herbert Wigwe dies

Access Bank CEO, Herbert Wigwe, dies with wife, son in helicopter crash

February 10, 2024
If you had good intentions for NDC, you would have engaged party elders – Zita to Duffour

If you had good intentions for NDC, you would have engaged party elders – Zita to Duffour

13
Don’t dare change Alban Bagbin – NDC Professionals Forum caution

Gyakye Quayson’s daily trial ‘selective and wrong’ – Bagbin

13
NDC Communication Officer found dead 

BREAKING: NDC Changes Its Leadership In Parliament

10
Ablakwa

How Adom-Otchere triggered Ablakwa to release latest set of allegations against Rev. Kusi Boateng

9
Supreme Court turned into Stupid Court comment: I’m not talking of Ghana’s judiciary – Kpessa-Whyte clarifies

Supreme Court turned into Stupid Court comment: I’m not talking of Ghana’s judiciary – Kpessa-Whyte clarifies

9
Sophia Akuffo

‘You don’t solve your problems by sacrificing the aged’ – Sophia Akuffo

8
James Keck Osei

Details of how Director of Administration at vice president’s office attempted to steal a businessman’s imported rice

8
Kwabena Duffuor

Duffuor calls for postponement of NDC primaries

8
Daddy Lumba’s Funeral

Lawyers Insist: Daddy Lumba’s Funeral Set Firmly for December 13

November 29, 2025
Volta Fair

Volta Fair 2025: Regional Minister Highlights 10 Key Gains of Ghana’s First 24-Hour Economy Trade Expo

November 28, 2025
Mzbel

“They Don’t Pick My Calls Anymore” — Mzbel Cries Over NDC Bigwigs’ Post-Election Snub

November 28, 2025
Nana Konadu Agyemang-Rawlings Today

Ghana Bids Final Farewell to Nana Konadu Agyemang-Rawlings Today

November 28, 2025
Volta Fair

Volta Fair: Volta Trade and Investment Fair Starts Today, Runs For 24 Hours Nonstop Till December 8

November 26, 2025
Volta Region’s Unwavering Support for Mahama Rooted in Experience, Promise, and Proven Leadership – Regional Minister Declares

Volta Region’s Unwavering Support for Mahama Rooted in Experience, Promise, and Proven Leadership – Regional Minister Declares

August 2, 2025
Akwatia MP Ernest Kumi Confirmed Dead at 40

BREAKING: Akwatia MP Ernest Kumi Confirmed Dead at 40

July 7, 2025
Gun attack in Binduri leaves one dead and burned

Gun attack in Binduri leaves one dead and burned

April 14, 2025

KINDLY SUBSCRIBE TO INSIDERGH TV

CLICK HERE TO SUBSCRIBE TO OUR YOUTUBE CHANNEL

Recent News

Daddy Lumba’s Funeral

Lawyers Insist: Daddy Lumba’s Funeral Set Firmly for December 13

November 29, 2025
Volta Fair

Volta Fair 2025: Regional Minister Highlights 10 Key Gains of Ghana’s First 24-Hour Economy Trade Expo

November 28, 2025
Mzbel

“They Don’t Pick My Calls Anymore” — Mzbel Cries Over NDC Bigwigs’ Post-Election Snub

November 28, 2025
Nana Konadu Agyemang-Rawlings Today

Ghana Bids Final Farewell to Nana Konadu Agyemang-Rawlings Today

November 28, 2025

Lawyers Insist: Daddy Lumba’s Funeral Set Firmly for December 13

Daddy Lumba’s Funeral
by Editor
November 29, 2025
0

Lawyers for the family of the late highlife legend Daddy Lumba have clarified that plans for his funeral remain firmly...

Read more

Volta Fair 2025: Regional Minister Highlights 10 Key Gains of Ghana’s First 24-Hour Economy Trade Expo

Volta Fair
by Editor
November 28, 2025
0

The Volta Region on Thursday, 27th November, 2025 opened a landmark chapter in Ghana’s economic journey as the Volta Trade...

Read more

“They Don’t Pick My Calls Anymore” — Mzbel Cries Over NDC Bigwigs’ Post-Election Snub

Mzbel
by Editor
November 28, 2025
0

Musician Mzbel has expressed deep frustration over what she describes as a lack of support from senior figures within the...

Read more

Ghana Bids Final Farewell to Nana Konadu Agyemang-Rawlings Today

Nana Konadu Agyemang-Rawlings Today
by Editor
November 28, 2025
0

Nana Konadu Agyemang-Rawlings will be given a final farewell today, November 28, 2025, as Ghana holds a state funeral in...

Read more
Click here to follow InsiderGH.Com's WhatsApp channel for daily news updates

InsiderGH.com

InsiderGH.com

InsiderGH.com is the fastest growing socio-political news portal in Ghana. Get all breaking news updates, latest news headlines, local and international stories, showbiz, lifestyle etc.

Follow Us

Browse by Category

  • Apps
  • BIOGRAPHY
  • Business
  • Entertainment
  • Fashion
  • Food
  • Gadget
  • Gaming
  • GENERAL NEWS
  • Health
  • INTERNATIONAL NEWS
  • Lifestyle
  • Mobile
  • Movie
  • Music
  • News
  • OPINION
  • POLITICS
  • Review
  • SCHOLARSHIP
  • Science
  • SPORTS
  • Startup
  • Tech
  • Travel
  • World

Pages

  • ABOUT US
  • CONTACT US
  • Buy Adspace
  • COOKIE POLICY (EU)
  • DISCLAIMER
  • Hide Ads for Premium Members
  • HOME
  • PRIVACY POLICY
  • Terms and Conditions
  • TERMS OF USE

Copyright © 2020 - 2024, InsiderGH.com. All rights reserved.

No Result
View All Result
  • HOME
  • POLITICS
  • GENERAL NEWS
  • INTERNATIONAL NEWS
  • SCHOLARSHIP
  • OPINION
  • JOBS
  • SPORTS
  • Entertainment

Copyright © 2020 - 2024, InsiderGH.com. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Policy and Cookie Policy.