
GIADEC denies claims of VALCO sale to Ibrahim Mahama
...vows transparent investor search
Kizito CUDJOE
The Ghana Integrated Aluminium Development Corporation (GIADEC) has dismissed allegations that the Volta Aluminium Company Limited (VALCO) is being sold to businessman, Ibrahim Mahama, describing the claims as false and insisting that the state-owned smelter remains the subject of a transparent search for a strategic investor.
Published by Francis Buetey
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The Professional and Management Staff Union (PMSU) of the Volta Aluminium Company (VALCO) has distanced itself from an ongoing demonstration against the government's search for a strategic investor, arguing that the state-owned smelter requires more than US$700 million to restore operations rather than the US$60 million claimed by opponents of the process.

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