EIB Network was reported to have sold one of its subsidiaries, Live 91.9 FM to Zoomlion Ghana Boss, Joseph Siaw Agyepong.
However, the waste company has come out to deny reports that it has purchased the frequency of Live 91.9FM from the EIB Network.
They made this known in a statement on Monday, May 4, 2020.
“The attention of Management of Zoomlion Ghana Limited has been drawn to a publication by some online media platforms that Live 91.9 FM, one of the FM stations belonging to the EIB Network, has allegedly been bought by the waste management giant, Zoomlion Ghana Limited”.
It added: “We wish to state, very strongly, that the allegations contained in the said publications are false. Zoomlion Ghana Limited has not contemplated the acquisition of the FM station. Clearly, the publication is a wicked and calculated attempt to pitch Zoomlion Ghana Limited against the EIB Network.
“As a leading waste management company, Zoomlion Ghana Limited recognises and appreciates the important role of the media in its quest to ensure a clean and healthy Ghana. Zoomlion Ghana Limited, therefore, wishes to assure Ghanaians that its focus will continue to be on working assiduously to help the country address its sanitation problems. Meanwhile, we have referred the matter to our Legal team for the right cause of action”.