Lands Minister chastises Management of Ghana Bauxite Company
Minister of Lands and Natural Resources John Peter Amewu said chastised management of Ghana Bauxite company for cheating Ghanaians by declar...
Minister of Lands and Natural Resources John Peter Amewu said chastised management of Ghana Bauxite.
company for cheating Ghanaians by declaring loses to government while their production is going up.
He said government is not happy about their operations and government cannot continue.
with a company that always declare loses.
Speaking during a working visit to the Ghana Bauxite company at Awaso in.
the Western region, Mr.
Amewu said government is not going to grant any extra concessions because they have prove.
to be ineffective.
The Bosai Mineral Group has 80 percent of shares in the Ghana Bauxite.
Company with government of Ghana having 20 percent with the lease expiring in 2022.
The Minister said the company's continuous declaring of loses is not good for.
government.
He said the company also failed to involved government in the pricing of.
the mineral.
Mr.
Amewu said the Ministry is going to investigate the company's continuous declaration of loses.
The Minister warned Multinational Companies operating in Ghana not take the country for.
granted, because this current government will not allow them to siphon the country's resources to.
their benefits.
GBC's Felix Cofie filed this report from Awaso, Western Region.
gbcghanaonline.
com.