Azumah Ghana rejects reports over Black Volta dispute, says E&P lawfully acquired project shares
In a statement issued on Thursday, July 9 and signed by Noel Addo, Chairman, Azumah Resources Ghana Ltd, the company argued that there is no order by either the International Chamber of Commerce (ICC) tribunal or the High Court in London requiring the Black Volta Project to be handed over to the former investors.“There is no order by any Arbitration Tribunal or High Court ordering that the Black Volta Project be handed over to the former investors (i.
Azumah Resources Ghana has rejected reports suggesting Engineers & Planners (E&P) has failed to comply with a court order relating to the disputed Black Volta Gold Project, describing the publications as inaccurate and maintaining that E&P lawfully acquired the project under a $100 million agreement.
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