By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    Pres. Mahama has not deprioritised LGBTQ issues – Gbande Clarifies
    April 11, 2026
    Bola Ray, Santokh Singh, other top EIB officials turn up at GHOne TV Alumni Power Games
    April 11, 2026
    Haruna Iddrisu launches GHOne TV Alumni Power Games, reaffirms commitment to school sports revival
    April 11, 2026
    Franklin Cudjoe slams AG Ayine over OSP case, questions commitment to anti-corruption fight
    April 11, 2026
    Ken Ofori-Atta “should not have been Finance Minister” – Franklin Cudjoe
    April 11, 2026
  • Business
    BusinessShow More
    I’m not aware of any official guidelines from Vivo Energy to be followed during rains – Atimpoku Manager to Court
    April 9, 2026
    Trafigura deal a ‘defining moment’ for Bogoso-Prestea revival – Heath Goldfields MD
    April 9, 2026
    Heath Goldfields secures $2.8bn gold offtake deal with Trafigura for Bogoso-Prestea Mine
    April 9, 2026
    Zoomlion, Geo Pomona seal deal to transform Zimbabwe’s waste sector
    April 8, 2026
    Bear with us as ECG begins transformer upgrade programme to improve power supply – Energy Ministry
    April 8, 2026
  • Politics
    PoliticsShow More
    Pres. Mahama has not deprioritised LGBTQ issues – Gbande Clarifies
    April 11, 2026
    Franklin Cudjoe slams AG Ayine over OSP case, questions commitment to anti-corruption fight
    April 11, 2026
    Ken Ofori-Atta “should not have been Finance Minister” – Franklin Cudjoe
    April 11, 2026
    Ato Forson was “mortified” by certain revenue practices at Finance Ministry – Franklin Cudjoe claims
    April 10, 2026
    Anti-LGBTQ Bill still a priority – Sam George
    April 10, 2026
  • Entertainment
    EntertainmentShow More
    Bola Ray, Santokh Singh, other top EIB officials turn up at GHOne TV Alumni Power Games
    April 11, 2026
    GHOne TV Alumni Power Games set for exciting showdown at El-Wak tomorrow
    April 10, 2026
    Mohammed Raii gifts Stonebwoy brand-new Land Cruiser in luxury show of support
    April 7, 2026
    Phil Thompson, Travis Greene, Moses Bliss, Sinach & more to headline Katon Praise 2026 at Accra Sports Stadium
    April 6, 2026
    Black Sheriff lacks musical identity – Ambullay
    April 3, 2026
  • Sports
    SportsShow More
    Bola Ray, Santokh Singh, other top EIB officials turn up at GHOne TV Alumni Power Games
    April 11, 2026
    Haruna Iddrisu launches GHOne TV Alumni Power Games, reaffirms commitment to school sports revival
    April 11, 2026
    GHOne TV Alumni Power Games set for exciting showdown at El-Wak tomorrow
    April 10, 2026
    Haruna Iddrisu named Guest of Honour for GHOne TV Alumni Power Games
    April 10, 2026
    Haruna Iddrisu endorses GHOne TV Alumni Power Games
    April 10, 2026
  • Technology
    TechnologyShow More
    Digital divide could become Africa’s next economic divide – Osman Ayariga warns at Continental Youth Symposium
    April 10, 2026
    Qualcomm unveils startup selection for 2026 mentorship program
    April 10, 2026
    Samsung Ghana announces new warranty extension
    April 3, 2026
    A New Era for Digital Trust: Sam George Leads Charge to Secure Mobile Money System
    April 2, 2026
    Washington: Lordina Mahama advocates stronger child protection in digital space at Global Summit
    March 26, 2026
  • International
    InternationalShow More
    Edmond Boateng elected Secretary of Honorary Consular Corps of Ghana
    April 8, 2026
    Ghana named first beneficiary of France Health Platform after Mahama–Macron talks
    April 8, 2026
    Mahama, Macron hold bilateral talks on health, economy and security in Paris
    April 8, 2026
    Ghana is dependent on imports because of colonialism – Ekwow Spio-Garbrah
    April 8, 2026
    One Health Summit 2026: Mahama advocates ‘One Health’ approach to prevent future pandemics
    April 8, 2026
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Group accuses GCDGL Mgt. of subletting concessions to galamseyers
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
BusinessEditors Pick

Group accuses GCDGL Mgt. of subletting concessions to galamseyers

Starrfm.com.gh By Starrfm.com.gh Published May 2, 2019
Share
SHARE

A group calling itself Akwatia Development Association [AKDA] is calling for investigations  into illegal mining and sale of the assets of Great Consolidated Diamonds Ghana Limited (GCDGL) by the Management of the company.

In 2010, Government through the Divestiture Implementation Committee (DIC) sold assets of then Ghana Consolidated Diamonds Limited (GCDL) to Jospong Group led GCDGL Company.

According to the Association, assets of GCD were sold to GCDGL for $17,000,000 but Only $2, 7000,000 was initially paid under the terms and conditions in the contract signed by both parties in December 5, 2011, in which some selected assets of GCD were handed over to GCDGL as government awaited the balance to be paid for full handing over which had not happened.

The group said, GCDGL was expected to create, 2500 direct jobs and 50,000 indirect jobs for support services, establish an integrated diamond mining and Diamond Processing Industry which have not been fulfilled worsening the high rate of unemployment in Akwatia and impoverishing the people.

Addressing the media at Akwatia Wednesday May 1, 2019, the group, Akwatia Development Association, alleged GCDGL failed to make any capital investment since it took over leaving the existing infrastructure at the company to “deteriorate while other machinery and equipment, weaned sand while others are being wheeled out on sale frequently without any question from the appropriate regulatory institutions and Authorities.”

The group accused management of GCDGL of subletting parcels of lands to over 500 hundred illegal small scale miners some of whom are mining roads and lands around bungalows located in the company’s yard.

“The company’s partners in galamsey activities pay between Ghc50, 000 to Ghc70, 000 to the company to engage in galamsey. We have had cause to get the Police in Akwatia to confront some persons involved in the company’s galamsey activities who showed us official receipts from the Company,” the group said.

Vice President of the Association, Kwadwo Obeng Darko, told Starr News they are reliably informed that on April 9, 2019, the Divestiture Implementation Committee (DIC) through its solicitors wrote a letter to GCDGL revoking the contract of sale on the basis of non-payment of the balance of the sale price and among others indicated their preparedness to re-enter and take possession of the assets.

The General Secretary to the Akwatia Development Association, David Kwarshie, called on the government to delegate a parliamentary select committee to pay a visit to the mining site of GCDL in Akwatia unannounced for their own observations and recommendations.

“We request that an investigation be launched into the ongoing galamsey activities as authorized by GCDGL at the Company’s bungalows. The government should as a matter of urgency halt all galamsey activities being superintendent on the residential properties of GCD since same further depletes the value of the assets and also possesses a great threat to the environment,” he said.

The group also called for the prosecution of “the directors of the company and its agents for engaging in illegal mining in and around the residential facilities of GCD.”

However, in a spontaneous counter press conference by a group calling itself Concern Youth of Akwatia, the claims by the Akwatia Development Association that small scale miners currently working with GCDGL are engaging in illegal mining were rubbished.

Secretary to the group, Yaw Opoku Agyei, explained that the miners are well trained by the Inter Ministerial Committee on Small Scale Mining therefore work under the strict adherence of the mining regulations.

He accused the leadership of Akwatia Development Association of allowing some opposition National Democratic Congress (NDC) faithfuls including former Member of Parliament Baba Jamal to infiltrate their ranks to engage in false politicking.

Source: Ghana/Starrfm.com.gh/103.5FM/Kojo Ansah

You Might Also Like

Operational Constraints and Strategic Outlook for E&P takeover at Damang Gold Fields

I’m not aware of any official guidelines from Vivo Energy to be followed during rains – Atimpoku Manager to Court

Trafigura deal a ‘defining moment’ for Bogoso-Prestea revival – Heath Goldfields MD

Heath Goldfields secures $2.8bn gold offtake deal with Trafigura for Bogoso-Prestea Mine

Zoomlion, Geo Pomona seal deal to transform Zimbabwe’s waste sector

TAGGED:galamseyersGreat Consolidated Diamondsillegal miing
Share This Article
Facebook Twitter Email Print
Share
Previous Article Fmr govt statistician heads Dominion University College
Next Article I’ll make Africa proud – Tiwa Savage on UMG deal

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?