The Ex President, His Excellency John Dramani Mahama nearly collapsed the economy in 2016 after he signed off almost US$500 billion of the country’s natural resources to his immediate brother, Ibrahim Mahama.
John Mahama signed off 58 percent of the country’s total bauxite reserves to Exton Cubic, a company owned by his brother after he lost the 2016 general elections, which is estimated at US$300billion in monetary terms.
Additionally, the ex-President also signed off almost 80 percent of the Keta oil basin, which is estimated at US$350billion to Heritage Oil in 2014 a company owned by his brothers, Ibrahim Mahama and Alfred Mahama.
This means that the ex President handed over almost US$500 billion of the country’s wealth to his brother.
According to the Patriots for Peace and Development, (PPD) had it not been the swift intervention of Nana Addo’s government to reserve the Exton Cubic deal, the country could have lost a huge natural resource in the hands of some individuals in satisfying their parochial interest.
In a statement signed by Richard Danso, the Convener of the PPD, they believe that John Dramani Mahama cannot be trusted in running the affairs of this country hence Ghanaians should reject him in the upcoming election,
“The mind boggling question is, how can you deprive the region of developmental projects while you are in office but decide to give the oil wealth to your brothers whose interests are to reap off the region. This is a total stealing of the wealth of Votarians who constitute the world bank of the NDC.
You need their votes to win the election so you can get the opportunity to steal their oil wealth . . . it would not happen," the statement said.
“Most of the pressure groups in the Volta region are very angry with this latest action and have pledged to vote against John Mahama and the NDC. You want to reap electorate votes but deprive the region of oil revenue,” it said.
This corruption and stealing are more heavier than the Agyapa Royalties deal which the ex-Special Prosecutor has chosen to ignore.
“Our checks have revealed that the companies have no Ewes as board of directors, which obviously means they are just in to take away our oil money. This is why we need to reject John Mahama and the NDC," it said.
Source: Ruth Aboagye
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