Monday, July 27, 2026
Rainbow Radio
  • Home
  • General News
  • Governance
  • Sports
  • Politics
  • Health
  • Entertainment
  • Economy
  • Home
  • General News
  • Governance
  • Sports
  • Politics
  • Health
  • Entertainment
  • Economy
No Result
View All Result
Rainbow Radio Online
Home General News

Ibrahim Mahama denies plans to acquire VALCO, threatens legal action over ‘vile’ claims

July 27, 2026
ibrahim-mahama-1

Ghanaian businessman Mr. Ibrahim Mahama has forcefully debunked reports suggesting that he is seeking to acquire the Volta Aluminium Company (VALCO), describing the claims as completely baseless.

The clarification follows a recent protest organised by the Labour Union of VALCO, during which some demonstrators alleged that the Chief Executive Officer of Engineers & Planners was making moves to take over the state-owned aluminium smelter.

RelatedPosts

Armed Robbers Shoot MoMo Vendor in Ribs, Block Bawjiase-Swedru Road in Agona East Attack

70-year-old woman murdered on her way to Church, heart harvested

Angry Students Of Krobo Nursing Training College mass On streets; demand immediate removal of “Autocratic” Principal

In a press statement issued by his Special Aide, Rafik Mahama, the business mogul made it clear that he holds no ambition to purchase VALCO nor has he initiated any processes toward such an acquisition.

“Mr Ibrahim Mahama has no such interest and has not made any such offer to acquire VALCO,” the statement read.

Addressing the accusations directly, the statement described the assertions as a deliberate attempt to tarnish his reputation and draw him into unnecessary controversy.

“Unfortunately, the allegation is the latest in several vile attempts to impute the integrity of Mr Ibrahim Mahama and subject him to needless public engagements,” Rafik Mahama stated.

Defending the credibility of the businessman’s commercial ventures, the statement emphasized that all corporate entities associated with Mr. Mahama have been legally established and managed in full compliance with the law, enabling them to remain resilient through changing political tides.

“The track record of the integrity of the businesses that Mr Mahama has interest in prove that his businesses are one of the best run operations across the African continent. All of the business interest of Mr Mahama have been legally commenced or acquired and operate within the ambit of applicable laws. That explains why his businesses have survived across seven (7) election cycles,” the statement noted.

Reaffirming his dedication to national development, the statement indicated that Mr. Mahama remains resolute in his mission to support the economic advancement of Ghana and the wider continent through sound, legitimate commercial investments.

Consequently, the statement revealed that Mr. Mahama has briefed his legal team to address the matter and protect his reputation.

“He has instructed his lawyers to take the necessary legal action,” the statement concluded.

By: Rainbowradioonline.com/Ghana

ShareTweetShareShare

Related Posts

gun blood

Armed Robbers Shoot MoMo Vendor in Ribs, Block Bawjiase-Swedru Road in Agona East Attack

July 27, 2026
murder

70-year-old woman murdered on her way to Church, heart harvested

July 27, 2026

Angry Students Of Krobo Nursing Training College mass On streets; demand immediate removal of “Autocratic” Principal

July 27, 2026
27654-1

Over 60% of voters endorse regional tribunals across Ghana

July 27, 2026
valco3

VALCO Workers, ICU Protest Alleged Privatisation Attempt

July 27, 2026
Samuel-Atta-Akyea-e1693251142615 (1)

EXIM Bank Case: Atta Akyea Replaces Appiah Kubi as Wontumi’s lawyer, seeks extension for plea bargain

July 27, 2026

Recent News

ibrahim-mahama-1

Ibrahim Mahama denies plans to acquire VALCO, threatens legal action over ‘vile’ claims

July 27, 2026
gun blood

Armed Robbers Shoot MoMo Vendor in Ribs, Block Bawjiase-Swedru Road in Agona East Attack

July 27, 2026
murder

70-year-old woman murdered on her way to Church, heart harvested

July 27, 2026

Angry Students Of Krobo Nursing Training College mass On streets; demand immediate removal of “Autocratic” Principal

July 27, 2026
  • Trending
  • Comments
  • Latest
Muntaka-750x375

Monday, March 31, and Tuesday, April 1, 2025, declared as public holidays

March 23, 2025
Screenshot_20230811-133044

17-year-old boy caught having sex with a pregnant dog

August 11, 2023

Something drastic must be done about prices of property in Ghana-Lawyer

June 14, 2021
1000464063

Registration for One Million Coders begins

April 9, 2025

Hello world!

ibrahim-mahama-1

Ibrahim Mahama denies plans to acquire VALCO, threatens legal action over ‘vile’ claims

travel4

Washington prepares for Donald Trump’s big moment

travel1

CS:GO ELeague Major pools and tournament schedule announced

ibrahim-mahama-1

Ibrahim Mahama denies plans to acquire VALCO, threatens legal action over ‘vile’ claims

July 27, 2026
gun blood

Armed Robbers Shoot MoMo Vendor in Ribs, Block Bawjiase-Swedru Road in Agona East Attack

July 27, 2026
murder

70-year-old woman murdered on her way to Church, heart harvested

July 27, 2026

Angry Students Of Krobo Nursing Training College mass On streets; demand immediate removal of “Autocratic” Principal

July 27, 2026

Stay Connected test

  • 136 Followers
  • 20.2k Followers
  • 206k Subscribers
  • 23.9k Followers
  • 99 Subscribers
Rainbow Radio Online

© 2022 Rainbow Radio International

Navigate Site

  • General News
  • World
  • Sports
  • Business
  • Entertainment
  • Politics
  • Health
  • Opinion
  • Economy
  • Odd News
  • Culture
  • Lifestyle
  • Lifestyle
  • Governance
  • Technology

Follow Us

No Result
View All Result

© 2022 Rainbow Radio International

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version