The Custodian Newspaper Online
No Result
View All Result
Sunday, April 12, 2026
  • Home
  • News
  • Politics
  • Business
  • Opinion
  • Showbiz
  • Health
  • Sport
  • World
  • eStore
The Custodian Newspaper Online
  • Home
  • News
  • Politics
  • Business
  • Opinion
  • Showbiz
  • Health
  • Sport
  • World
  • eStore
No Result
View All Result
The Custodian Newspaper Online
No Result
View All Result
Home Featured

Omanhene fires GIADEC CEO over bauxite agreement

Journalist intervenes as dispute over bauxite deal leads to leadership shake-up at GIADEC

by The Custodian News
April 12, 2026
in Featured, News
0
Omanhene GIADEC bauxite

Omanhene and GIADEC boss

152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

A renowned broadcast journalist and host of Dwaso Nsem on Adom FM, Mr Omanhene Kwabena Asante, has descended heavily on the Chief Executive Officer of Ghana Integrated Aluminium Development Corporation (GIADEC), Reindorf Twumasi Ankrah, accusing him of blatant discrimination and selective application of policy in the allocation and termination of mining concessions.

Speaking on Asempa FM’s Ekosiisen programme, the outspoken journalist described as “deeply troubling and indefensible” what he termed a pattern of calculated decisions that appear to favour politically connected individuals under the guise of promoting indigenous Ghanaian participation in the mining sector.

He argued that the government justified the abrogation of the Damang Goldfields contract on the basis of local participation and subsequently reassigned the concession to Ibrahim Mahama’s company, Engineers and Planners.

He said as he supports Ibrahim Mahama’s company taking over the Damang Mine, the GIADEC CEO should also allow a local company, Rocksure International, that also acquired a bauxite lease to do its business.

GIADEC cancelled a $1.2 billion bauxite lease with local firm Rocksure International and its partners in 2025, in violation of the government’s own agenda to promote local businesses in the country.

Rocksure’s lease covered the Nyinahin Hills in central Ghana, home to about 376 million tons of bauxite, the feedstock for aluminum.

Omanhene claimed the bauxite concession will probably be given to a foreign company or another local company through cronyism.

He reiterated his call on GIADEC to reconsider its decision and handover the bauxite to the fully Ghanaian-owned company Rockshure International.

The company, according to information gathered, is owned by Ghanaian businessman Isaac Ofori Poku.

In a sharply worded appeal, he called on the GIADEC CEO to “immediately reverse what can only be described as dubious and self-serving decisions” and restore the concessions to what he termed their “rightful custodians.”

“We all applauded when the government moved to take over a foreign-managed concession in the name of empowering Ghanaians. But how do you justify taking from a Ghanaian and handing it to a foreigner or another Ghanaian?” he quizzed.

He cautioned that failure to address these concerns promptly could deepen perceptions of cronyism and unfair competition within Ghana’s extractive sector.

Mr Omanhene Asante urged authorities to uphold transparency, equity, and due process in all concession-related decisions.

Tags: AluminiumBauxiteGhana Integrated Aluminium Development CorporationGIADEC
  • Latest
  • Trending
Omanhene GIADEC bauxite

Omanhene fires GIADEC CEO over bauxite agreement

April 12, 2026
NDC cocoa farmers

NDC prioritises politics over cocoa farmers – Minority slams govt

April 12, 2026
Prudential Bank partnerships

Prudential Bank deepens strategic supplier partnerships

April 12, 2026
Sedina Tamakloe MASLOC Extradition

US court approves extradition of Sedina Tamakloe to Ghana

April 12, 2026
Headmaster Agbana Dzosec

Agbana slams Lobbyists trying to replace DZOSEC Headmaster

January 29, 2026
Dzosec Arrest Headmaster

DZOSEC: Audit Report Calls for Arrest of Former Headmaster

August 23, 2025
Newspaper Frontpages – Thursday, 29th January, 2026

Newspaper Frontpages – Thursday, 29th January, 2026

January 29, 2026
Newspaper Frontpages – Wednesday, 25th February, 2026

Newspaper Frontpages – Wednesday, 25th February, 2026

February 25, 2026

The CustodianGh Online’s vision is to become the most preferred go-to news brand in Ghana.

Contact Us

thecustodiangh@gmail.com

Popular Categories

  • News
  • Business
  • Politics
  • Sport
  • Arts & Showbiz
  • Tech

Archives

© 2025 The CustodianGh Online - All rights reserved.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Opinion
  • Showbiz
  • Health
  • Sport
  • eStore

© 2025 The CustodianGh Online - All rights reserved.