Zoomlion Denies Acquiring Live FM from the EIB Network

Waste company denies rumours surrounding acquisition of Live FM amidst restructuring from the EIB network.

Zoomlion Denies Acquiring Live FM from the EIB Network
EIB Network

With the recent commotion surrounding EIB Network and it's internal members "news" have broken out that Zoomlion had acquired EIB Network's Live 91.9FM.

The news was circulated by the media on the back of EIB network losing two of its prominent members in Jon German and KOD, after a reported attempted "coup de tat".  

The rumors then spread that media conglomerate, which owns multiple radio and TV channels, has sold Live FM to the JOSPONG group and the waste company did not waste any time to disprove the false news. 

In a statement made on Monday, Zoomlion revealed that, “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”.



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"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 recognizes 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”. It concluded