Staunch member of the ruling New Patriotic Party (NPP), Gabby Asare Otchere-Darko has dispelled claims he owns the controversial Asaase Royalties as part of Asaase Radio.
This comes after Asaase Royalties whose name was changed to Agyapa Royalties was engaged by government to manage the country’s mineral royalties, a deal which has generated controversies amongst the Majority and Minority in Parliament with many suspecting Gabby to be the brain behind the Asaase Royalties.
In a bid to redeem his image, Gabby said in an interview, “Yes, I am a shareholder in Asaase Radio, a completely separate business with absolutely no link to that state-owned company.”
“But should my ownership of a radio station with the name Asaase mean that I am a shareholder in Asaase Royalties, as well?, he quizzed.
“Stretching that illogic should also make me a shareholder in AsaaseGPS, Asaase Farms, Asaase Construction and the over 20 companies bearing the name Asaase!”
According to him it was a smart move by the firm to change its name from Asaase Royalties.
“The name change of Asaase Royalties, in my view, was a good move, and not because of Asaase Radio, per se, but because of the number of companies with similar names in the mining sector specifically and the confusion or potential passing off that could have caused.”
Source: GhanaFeed.com