Businessman, Ibrahim Mahama has shot down claims by the aide of Vice President Mahamadu Bawumia, Gideon Boako that the National Democratic Congress government sold 58% of Ghana’s Bauxite to him and Exton Cubic Group Limited.
A statement from his office said there are three Bauxite concessions in the country of which two have been sold to foreign companies hence reason why Nyinahin concession was given to Exton Cubic Group Limited as the only local company to challenge the foreign companies.
““The allegation by the technical advisor to the Vice President, Mr. Gideon Boako that the state sold 58% of Ghana’s Bauxite to Mr. Ibrahim Mahama and Exton Cubic Group Limited is not true. We have three Bauxite concessions in Ghana, the three concessions are, Awaso concession, Nyinahin concession and Kibi forest reserve/concession. The government has sold the Awaso concession to Ghana Bauxite Company Limited now owned by the Bosai Minerals Group Co. Limited, a Chinese Company and also gave the Kibi forest reserve to the Chinese as part of the $15billion Chinese loan recently secured after the Vice President visit to China. Exton Cubic Group Limited is the only local company that has the capacity to challenge the foreigners in that sector. That’s a fact. That’s why they were given the Nyinahin concession.”
The statement indicated that the allegations were borne out of the fact that government intends taking part of Nyinahin concession to be given to the Chinese for the $15billion loan the government took from them.
“It’s interesting to note that the government wants to give part of the Nyinahin concession to the Chinese again as part of the $15billion loan despite the Chinese controlling Awaso and Kibi forest reserves already. It’s clear Mr. Gideon Boako statement against Exton Cubic Group Limited, a local company was done to whip up sentiments against the company. But that has failed miserably.”
Source: mynewsgh.com
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If this statement is from the company, then it is unfortunate. first the logic is not right. Concession is given to foreigners and so if you get it free, it is justified. second where does the 15 billion come in here? as of the time you were given the concession there was only one company mining bauxite so why bring this into the argument when there has not been any agreement yet. you were given this concession around 29th December and you want us to praise the deal because you are a Ghanaian? God is watching us
Late Gen. Acheampong and others were KILLED for less!
Thank God John Mahama was kicked out,he would have given the whole of Ghana to his brother Ibrahim for free. Oh John Mahama what wrong did Ghana do to you to deserve such a shabby treatment?
This Ibrahim man thinks he is the only sensible person in the country. Do you remember him saying is it his fault that his brother is a president? YES IT IS YOUR FAULT THAT YOU MADE YOUR BROTHER THE PIONEER OF ONE TERM PRESIDENT IN THE 4TH REPUBLIC OF THE HISTORY OF GHANA AND IT WILL FOREVER REMAIN. IT IS YOUR FAULT THAT YOU MADE YOUR BROTHER SUFFER THE MOTHER OF ALL DEFEATS IN THE HISTORY OF GHANA WITH A PALTRY 44%. IT IS YOUR FAULT THAT YOU MADE YOUR BROTHER CORRUPT AND AS A RESULT OF THAT YOU GUYS HAVE TO PAY FOR IT. WHILES I SUFFER TO MAKE ENDS MEET, YOUR BROTHER(MAHAMA) TAXES ME EXORBITANTLY AND YOU GET THE PROCEEDS TO CHOP!! YOU DONT EVEN PAY TAXES AND U CALL YOURSELF A GOOD CITIZEN? HAD IT NOT BEEN THE NPP YOU IBRAHIM WOULDNT HAVE PAID YOUR TAXES YET WHEN SOMEONE GOES TO STEAL JUST A COMMON GOAT, THE PERSON IS JAILED FOR 20 YEARS. WE ARE ALL WATCHING!!!
Why was everything sold to Ibrahim Mahama. Is he the only businessman in Ghana? Eeiii John Mahama. hmmm
Nonsensical ***barred word*** out of bigotry.This bunch of ***barred word*** will one day surely painfully pay for this wicked ***barred word*** perpetrated by ndc to Ghanaians.
I Doubt this, statement paaaa nie from a where? sign by who? This is very funny but as usual I will always issues with the editor of this website,he is always posting anything,no checks no verification. The headline and the story it self is a mark of pathetic journalism. very super poor, to say the least. how can this be a statement!
property of Ghana given to Ghanaian is bad but to a foreigner is good.
I dont see this Ibrahim as a business man. He is frm prz Mahama lootingg machinery
Seriously is this a statement from a company? No wonder so many of our so called business fold up once there is a change of government . This statement sounds like an NDC statement. This Ibrahim man should be able to separate his business from politics else things will turn sour for him one day.