November 30, 2020

GACL rubbishes Mahama’s claim of Investing USD 600m at Kotoka

The Ghana Airports Company Limited (GACL) has said claims by Ex-president John Mahama that his government made an investment of almost $600 million at the Kotoka International Airport is “incorrect”.

“The amount may be in reference to funding of projects in all airports including $130million Runway project at Tamale Airport and $25 million new airport in Ho,” the GACL said in a statement in reaction to a claim made by former President John Dramani Mahama in a television interview with Woezor.

The GACL also indicated that Mr Mahama’s assertion that the company cannot service the loans they were taken to develop the airport is “untrue”.

“To date, GACL has met its repayment obligations under the loan facility,” the company said.

It further reiterated that the Kotoka International Airport (KIA) is not for sale or being privatised.

Rather, the Ghana Airports Company Limited says “an unsolicited proposal has been received from a Turkish Consortium which is yet to be considered. It is rather unfortunate that certain figures from the proposal are being used to peddle untruths.”

 

Source: Classfmonline.com

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GACL rubbishes Mahama’s claim of Investing USD 600m at Kotoka

The Ghana Airports Company Limited (GACL) has said claims by Ex-president John Mahama that his government made an investment of almost $600 million at the Kotoka International Airport is “incorrect”.

“The amount may be in reference to funding of projects in all airports including $130million Runway project at Tamale Airport and $25 million new airport in Ho,” the GACL said in a statement in reaction to a claim made by former President John Dramani Mahama in a television interview with Woezor.

The GACL also indicated that Mr Mahama’s assertion that the company cannot service the loans they were taken to develop the airport is “untrue”.

“To date, GACL has met its repayment obligations under the loan facility,” the company said.

It further reiterated that the Kotoka International Airport (KIA) is not for sale or being privatised.

Rather, the Ghana Airports Company Limited says “an unsolicited proposal has been received from a Turkish Consortium which is yet to be considered. It is rather unfortunate that certain figures from the proposal are being used to peddle untruths.”

 

Source: Classfmonline.com

287

Trending Stories

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