By Collins Sarkodieh 
Special Aide Rafik Mahama has debunked allegations that Ghanaian businessman Ibrahim Mahama intends to acquire the Volta Aluminium Company (VALCO). Responding to claims made during a labor union demonstration on Monday, July 27, 2026, the spokesperson clarified that the business mogul has no interest whatsoever in purchasing the state-owned asset.
Clearing up these false claims brings necessary peace and relief to workers and citizens who care about transparent national business operations.
Rafik Mahama emphasized that Ibrahim Mahama has never submitted any proposal or offer to buy VALCO from the government. Furthermore, the businessman holds no position as a shareholder, director, promoter, or participant in any private consortium seeking ownership of the aluminium giant.
Aides described the public accusations as entirely false, reckless, and intentionally fabricated to harm his hard-earned commercial reputation. Maintaining clear communication prevents unnecessary panic among industrial workers and keeps public discussions grounded in real facts.
Over nearly four decades, Ibrahim Mahama has built successful enterprises through legal investments that create real jobs across Ghana and Africa. Every enterprise linked to his brand operates strictly within established statutory guidelines and regulatory frameworks.
Dismissing unfounded takeover claims allows the public to focus on verified economic developments. Supporting legitimate local investors while protecting strategic national assets remains essential for driving long-term socio-economic progress across the country.
Also Read: Save Our VALCO Jobs And Protect Ghana National Heritage – ICU-Ghana
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