Mahama ‘lied’ about KIA investment – Mg’t

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The Ghana Airport Company Limited (GACL) has said claims by former President John Mahama that an investment of $600 million was made at Kotoka International Airport (KIA), is incorrect.

Mr Mahama claimed that there was an attempt by the government to hand over 66% share of KIA  to TAM-SUMMA Consortium, a Turkish company.

He described such move as wrong, the kind he said must be stopped.

But a statement issued by the management of the GACL said the comments are inaccurate.

The management said the amount quoted by Mahama may be referring to the entire funding for projects in all airports including Tamale and Ho Airports.

The statement added that the company has met its loan repayment obligations contrary to claims made by Mahama.

“Claim by Mr Mahama that an investment of $600 million was made at Kotoka is incorrect. The amount may be in reference to funding of projects in all airports including $130 million runway project at Tamale Airport and $25 million new airports in Ho.”

“The claim that the GACL has been unable to service the syndicated loan facility is untrue. To date, GACL has met its repayment obligations under the loan facility,” the statement noted.

By Laud Nartey|3news.com|Ghana

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