|Government clarifies its consent to Tullow Oil and EO Group|
|Wednesday, 27 July 2011 08:22|
The Government of Ghana says it has become aware of reports in sections of the media suggesting that Government has abandoned its on-going investigations of the EO Group and that in exchange Government has received reparation from the EO Group.
In a statement signed by the Energy Minister; Dr. Joe Oteng Agyei, Government categorically denied the reports and explained that what has taken place is government’s consent for Tullow Oil to enter into contractual arrangements with the EO Group for an eventual takeover of the latter’s shares in the Jubilee Oil Field.
Mr. Oteng Agyei added that the transaction does not in any way indemnify the EO Group from on-going criminal investigations which can lead to possible criminal prosecution.
The statement concluded that the Government of President John Evans Atta Mills will not undermine the national interest and remains committed to the fight against corruption.
Hon. Dr. Joe Oteng Agyei
MINISTER OF ENERGY
[Tuesday July 26, 2011]