Reports of NDC gov't selling 58% of Ghana's bauxite to me are false- Ibrahim Mahama

Reports of NDC gov't selling 58% of Ghana's bauxite to me are false- Ibrahim Mahama

- Ibrahim Mahama has debunked reports by government that he was sold 58 percent of Ghana's bauxite concession

- He said the reports were made up to discredit his company

- According to a statement from his office, these attempts to whip up sentiments against him have failed brings you the latest news in Ghana

The brother of Former President John Mahama, Ibrahim Mahama has debunked the allegations against him that he purchased about 58 percent of Ghana's bauxite from the previous government.

Reports of NDC gov't selling 58% of Ghana's bauxite to me are false- Ibrahim Mahama

Ibrahim Mahama

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The Special Economic Advisor to the Vice President, Dr. Gideon Boako, alleged the Mahama administration sold a large concession of Ghana's bauxite to Mr. Ibrahim Mahama.

According to Dr. Boako, the National Democratic Congress had no moral grounds to criticize the government over deal their with the Chinese government when they had made such troubling business deals regarding Ghana's natural resources with the former president's brother.

However, Ibrahim Mahama has denied these claims, describing them as false.

According to a Kasapa FM report, a statement by Mr. Ibrahim Mahama's aide, Rafik Mahama said: "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 statement further indicated that the Awaso concession had been sold to the Ghana Bauxite Company, which is owned by the Chinese Group, Bosai Minerals Group.

It also stated the Kibi natural reserve was given to the Chinese government as part of the deal involving a $15 billion loan, which was signed by the vice president on behalf of government.

According to Ibrahim Mahama's aide, the businessman's company, Exton Cubic Group Ltd, was awarded the Nyinahin concession because it is the only local company that could 'challenge the foreigners in that sector.'

"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," the statement noted.

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