Renowned Ghanaian business magnate Sir Sam Jonah has unequivocally rejected claims of political favouritism surrounding Engineers & Planners' (E&P) acquisition of the transformative Black Volta Gold Project.
Sir Jonah asserted that the deal, valued at $100 million in financing from the ECOWAS Bank for Investment and Development (EBID), is a purely merit-based and commercially viable transaction, heralding it as a long-overdue and essential shift towards empowering Ghanaian-owned enterprises in the nation's critical extractive sector.
Speaking at a ceremony celebrating the landmark financing agreement between E&P and EBID, Sir Jonah passionately declared, "Let us be clear: this is not a favour.
This is not political patronage.