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Business News of Thursday, 17 March 2016

Source: AGAMS Holdings

Re: Gov´t has not blacklisted us - AGAMS Holdings

Roland Agambir, CEO of AGAMS Holdings Roland Agambir, CEO of AGAMS Holdings

Our attention has been drawn to a publication on www.citifmonline.com and www.ghanaweb.com attributed to a leading member of Occupy Ghana, Sidney Casely-Hayford to the effect that Rlg has been banned by the Youth Employment Agency (YEA).
We wish to respond as follows:

Rlg Communications Ltd has settled its indebtedness to the Youth Employment Agency, formerly Ghana Youth Employment & Entrepreneurial Agency (GYEEDA) and therefore does NOT owe government or for that matter, the YEA.

An amount of GHC 2,050,590.42 paid on 31st December, 2014 finalized the instalment payments of the total amounts owed the state, including accumulated interests.

A 6th July, 2015 letter signed by Ghana’s Attorney-General’s Department “confirms that this amount is in full and the final payment of Rlg Communications indebtedness to GYEEDA”.

Two subsidiaries of Agams Holdings; Craftpro Ltd and Asongtaba Cottage Ltd have also complied with the government’s directive on the refund of monies to the YEA as contained in Attorney-General & Minister for Justice’s briefing to Parliament’s Public Accounts Committee on Tuesday, 15 March, 2016.

At the time of filing this response, neither our Holding company or any of its subsidiaries had been informed officially of any blacklisting and for the avoidance of doubt, none of our companies have been blacklisted anywhere in the world including Ghana.

We therefore caution against any attempt by any person or group of people to malign our name, brand and reputation.


Issued in Accra on Wednesday, 16 March, 2016.