Financial Analyst, Sydney Casley-Hayford, has taken on government, describing the seizure of mining equipment belonging to Exton Cubic Group Limited at Nyinahini in the Atwima Mponua District of the Ashanti Region as ‘politically- motivated.’
“There is absolutely no reason for anybody to go and seize this equipment supposedly doing no illegal mining activity,” he fumed.
According to him, information available indicates that Exton Cubic Group Limited has legal documents to mine at Nyinahin bauxite concession.
“I have always wondered who actually is in charge of controlling laws at the district level. We now have a regional minister saying something and the district chief executive doing something else,” the social commentator observed.
Mr. Casely-Hayford, who accused Mr. Ibrahim Mahama of engaging in an illegality, chickened out from his earlier stance, claiming he was misled by the media.
“I really had to sit back and rethink what the media have been reporting. …the media reporting has been more sensational than factual because of the fact that it is Ibrahim Mahama and his brother we claimed was running a corrupt government.”
“If I put all these aside and take Ibrahim Mahama out of the equation and look at the Exton Cubic as a registered company, it is unfortunate,” he stated on Citi FM.
Minerals & Mining Matters
…with Freeman Koryekpor Awlesu
