October 22, 2018 6:46 AM
TOP STORIES
You are here: Home / Business / Gov’t cancels Exton Cubic’s mining license
The Red Tea Detox
Gov’t cancels Exton Cubic’s mining license

Gov’t cancels Exton Cubic’s mining license

The whole issue began when Ibrahim Mahama-former president’s brother, had his company, Engineers and Planners’ (E&P) heavy duty equipments seized when they went to work for Exton Cubic at Nyinahini

Government has cancelled the mining lease awarded to Exton Cubic Group limited.

The move follows investigations by the Lands and Natural Resources Ministry over controversy surrounding the deal.

Exton cubic has been in the spot light for some weeks, following agitations by the youth of Nynahini over a bauxite concession leased to the company by the previous government.

The Environmental Protection Agency subsequently revoked permits granted to the company.

The Ministry of Lands and Natural resources has, however, cancelled the lease agreement, pointing to several irregularities in the award of the contract.

John Peter Amewu, Minister of Lands and Natural Resources

 

 

John Peter Amewu, Minister of Lands and Natural Resources, announcing the revocation of the contract, said the mining company failed to officially accept the offer given them in writing.

“Section 13, subsection 6 indicates an approved application shall lapse if the applicant fails to accept the offer in a form stated in subsection 4.

“There is no record of an acceptance of the offer of the mining lease in writing by the company as mandatorily prescribed by section 13, subsection 4 of the act.”

Credit:

Ghana/Starrfmonline.com

The Red Tea Detox

Leave a Reply

Your email address will not be published. Required fields are marked *

*

13 + twelve =

The Red Tea Detox
Scroll To Top
WP to LinkedIn Auto Publish Powered By : XYZScripts.com
Descargar musica