Ibrahim Mahama denies interest in acquiring VALCO, threatens legal action over false claims

80 to 90% of the people you saw wearing red protesting were not VALCO workers — Union Chairman

Conflicting views have emerged among employees of the Volta Aluminium Company (VALCO) following a protest against the alleged sale of the state-owned smelter, with union leaders and management staff disagreeing over the legitimacy of the demonstration and the company 39;s future. Chairman of the VALCO Local Union, Samuel Agyemang, dismissed suggestions that the protest lacked the support of employees, insisting that the demonstration was organis…

Ibrahim Mahama denies plans to acquire Valco, threatens legal action

Ibrahim Mahama has denied takeover bid for VALCO, calling claims false and misleading. His aide clarified the position following protests by the VALCO Labour Union.

GIADEC denies claims VALCO is being sold to Ibrahim Mahama

Ghana Integrated Aluminium Development Corporation has dismissed claims that Volta Aluminium Company Limited is being sold to Ibrahim Mahama, describing the allegations as false and reaffirming its transparent strategic partnership process.

ICU calls on Mahama to halt proposed sale of VALCO

By Franklin ASARE-DONKOH Tensions escalated in the industrial city of Tema on Monday, July 27, 2026, as hundreds of workers of the Volta Aluminium Company (VALCO), backed by the Industrial and Commercial Workers’ Union (ICU-Ghana), staged a protest against the government’s proposed privatisation of the smelter. The workers, dressed in red and chanting solidarity songs, marched through the city to express their strong opposition to what they desc…

Ibrahim Mahama dismisses claims of acquiring VALCO; threatens lawsuit

Some demonstrators alleged that he is interested in acquiring VALCO

Ibrahim Mahama denies interest in acquiring VALCO, threatens legal action over false claims

Businessman Mr. Ibrahim Mahama has denied reports linking him to a takeover bid for the Volta Aluminium Company (VALCO). His reaction follows a demonstration by members of the VALCO Labour Union today, during which some protesters alleged that Mr. Mahama was interested in acquiring the state-owned aluminium company. In a statement issued by his Special Aide, Rafik Mahama, the businessman said he has “no such interest” and has not made any offer …