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BusinessHeadlines

Komenda Sugar Factory: We won’t honour shady agreements – Mahama

Starrfm.com.gh
By Starrfm.com.gh
Published: August 16, 2024
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Flag bearer of the National Democratic Congress (NDC) John Dramani Mahama says the next government he leads into office would not cooperate with any investor involved in questionable agreements with the ruling government on the Komenda Sugar Factory.

Mr. Mahama called for a transparent process in transferring ownership of what he described as a “national asset” to any potential investor.

“I’ve read about the hurry to lease out the Komenda Sugar Factor to an investor. You see the thing about this government is that they are not transparent with anything they do and I will warn the investor. I hope it has gone through a transparent procurement process and so buyer beware whoever that investor is should be careful because if the process has not been transparent, we are not willing to abide by any transfer of that facility.

His warning was on the back of an announcement of the Minister of Trade and Industry, K.T Hammond that the government had decided to lease the Komenda Sugar Factory to West African Agro Limited for a renewable duration of 15 to 20 years.

However, former President Mahama warned against the deal, saying he was yet to witness an open process.

“We must open it up and get the best investor to come and partner with the government to run that sugar factory so whoever it is I am just sending a note of caution to him. I haven’t seen any transparent process in trying to lease out that sugar factory.

Mr. Mahama insisted that if they found out that the transfer arrangement was dubious, the next government under his leadership “would not be cooperative”.

Source: Ghana/Starrfm.com.gh/103.5FM/Mitchell Asare Amoamah

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