Nana Yaw Amponsah’s time in Moldova is over as FC Petrocub have mutually terminated their contract with Samaritan Investment.
The former Asante Kotoko chief executive officer joined the club six months ago as the new president following his investment.
Under his leadership, the club was able to win a double in his first season and a slot to participate in the UEFA Champions League preliminary stage.
“After a successful six-month partnership with CS Petrocub Hincesti, during which we achieved an unprecedented and historic double by winning both the Super League and Moldovan Cup, Samaritan investment has decided to dissociate from the
administration and operations of the club,” an official statement read.
“This 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.
“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 endeavors,” the statement added.