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Ibrahim Mahama reportedly storms the Flagstaff House
Reports suggest that the meeting between Ibrahim Mahama and President Akufo-Addo was about the bauxite concession which was handed to Exton Cubic Group Limited, in late 2016, which the current government has put on hold.
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According to the Daily Guide Newspaper, what the 2 discussed at the presidency is still not known.
However, it is suggested that the meeting was about the bauxite concession which was handed to his company, Exton Cubic Group Limited, at the tail end of his brother's presidency in late 2016, which the current government has put on hold.
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Exton Cubic Limited subsequently sued the government for the revocation of its mining permits.
The company’s Nyinahini bauxite mining license was revoked by the Minister, John Peter Amewu, following several irregularities committed by the company.
It is said that the meeting lasted for close to 2 hours.
Ibrahim is also being investigated for a series of deals he allegedly struck under his brother's presidency, which is said to be inimical to the interest of the state.
Ibrahim Mahama has faced some challenges since his brother handed over to President Nana Akufo-Addo.
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In April 2017, the Social Security and National Insurance Trust (SSNIT) took Ibrahim and other managers of E&P to court for the non-payment of their workers' pension contributions.
A demand notice prepared by SSNIT to Ibrahim and the others on March 1, 2017, showed that the total contribution due E&P was GH¢1,601,051.78, with a penalty of GH¢1,322,161.45 and the notice had also put the total indebtedness to GH¢2,723,213.32 with GH¢200,000.00 as less payment.
Mr Mahama later announced that the company settled in full the outstanding amount owed SSNIT.
He was also fingered in the collapse of some financial institutions, including UT and Merchant banks.
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Ibrahim Mahama is said to have arranged the meeting in Liberia when he met Nana Akufo-Addo at the inauguration of the country’s president, George Weah.
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