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General News of Monday, 18 November 2024

    

Source: www.ghanawebbers.com

Minerals Commission & others caught up in dirty bribery controversy

Over Newmont Akyem and Bogoso Prestea mines Over Newmont Akyem and Bogoso Prestea mines

Controversy surrounds Ghana’s mining sector as the Bogoso Prestea Mines is handed to a Turkish-linked company, sparking legal threats from the current British operator, FGR.

Meanwhile, Newmont's Akyem Mine is reportedly being sold to a Chinese firm for $1 billion, raising questions about transparency and investor confidence.

Allegations of corruption, political interference, and mismanagement at the Ministry of Lands and the Minerals Commission have intensified scrutiny.

With elections approaching, the decisions risk hefty judgment debts and further tarnishing Ghana’s reputation in the global mining industry.

Stakeholders call for accountability and adherence to legal procedures to avoid long-term repercussions.