Petrocub Hincesti part ways with former Kotoko CEO Nana Yaw Amponsah

Moldovan champions Petrocub Hincesti and former Asante Kotoko CEO Nana Yaw Amponsah have agreed to contract termination amid some controversies.

Nana Yaw Amponsah and his Samaritan Investment Group were appointed to steer the affairs of the Municipal Stadium outfit in a deal signed earlier this year.


He helped the club clinch the Moldovan Premier League title for the first time and the Moldovan Cup in the just-concluded season.

However, the Petrocub Hîncești board of directors opted to terminate their contract with Nana Yaw Amponsah and the Samaritan Investment Group following a heated misunderstanding over the direction of the club.

Both parties have agreed to a termination of the contract.

In a statement, Samaritan Investment Group cited “unusual activities” and a “mismatch in vision” as the reasons for the decision.

“The decision was made due to the discovery of unusual activities within the club and a mismatch in vision regarding the future sporting direction of the club,” the statement read.

“As a reputable consortium with a proven track record of success, we take these matters seriously and have entrusted our legal team to investigate and pursue all uncovered irregularities to their legal and ethical conclusions.”

“We state unequivocally that we met all conditions under the agreement as would be revealed with time despite numerous breaches and violations by our partners.”

“We appreciate the achievements made during our partnership and wish the club success in its future endeavours.”

Below is the full statement released by Samaritan Investment Group thus afternoon;