Minority fumes over sale of Komenda sugar factory

Minority fumes over sale of Komenda sugar factory

The minority in parliament have raised concerns over government's intention to hand over the Komenda sugar factory to a new investor.

According to the Deputy Minority Spokesperson for Trade, Industry and Tourism, Yusif Sulemana, government has side-stepped recommendations of a technical audit of the project only to pursue a motive of selling off the company.

Minority fumes over sale of Komenda sugar factory

Yusif Sulemana. Source: Ghana MPs
Source: UGC

"Remember I said we went in for a loan totaling about $36.5 million. Now you are saying that we should forget of this and bring in a new investor," he said.

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He noted that by the minister's announcement, government will be selling the factory cheap since the evaluation is lesser than the $36.5 million loan taken to revamp the factory in 2016.

Yusif Sulemana slammed those involved in the evaluation as he urge that the person be revealed to parliament.

"We want to know who this new person is and we want to know who and who undertook that valuation because we want to be sure that indeed the valuation that they have done is a true picture of what we have at Komenda Factory," he stressed.

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Source: Yen.com.gh

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