Exton Cubic: Akufo-Addo cancels Ibrahim Mahama's bauxite contract

Exton Cubic failed to officially accept the offer given them in writing, Lands and Natural Resources Minister, John Peter Amewu said in a statement.

The Akufo-Addo administration has cancelled the bauxite mining lease awarded to Exton Cubic Group limited.

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A statement from the Ministry of Lands and Natural Resources said Exton Cubic failed to officially accept the offer given them in writing.

The statement also cited several irregularities in the award of the contract to Exton Cubic, a company Mr Ibrahim Mahama has links with.

 

“Section 13, subsection 6 indicates an approved application shall lapse if the applicant fails to accept the offer in a form stated in subsection 4," the statement said.

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“There is no record of an acceptance of the offer of the mining lease in writing by the company as mandatorily prescribed by section 13, subsection 4 of the act,” the statement added.

Exton Cubic failed to officially accept the offer given them in writing, Lands and Natural Resources Minister, John Peter Amewu said in a statement. Read Full Story