Accra, Ghana – Renowned Ghanaian businessman Ibrahim Mahama has firmly denied reports suggesting that he intends to acquire the Volta Aluminium Company Limited (VALCO), stating that he has no interest in purchasing the state-owned aluminium company.

Responding to speculation circulating in sections of the media and on social media, Ibrahim Mahama clarified that he has not made any offer to acquire VALCO and urged the public to disregard the reports.

“I Have No Such Interest”

Addressing the speculation, Ibrahim Mahama stated:

“I have no such interest, and I haven’t made any offer to acquire VALCO.”

His statement seeks to put to rest rumours linking him to a possible takeover or acquisition of the aluminium producer.

Clarification Amid Public Speculation

The clarification comes after reports emerged suggesting that the business mogul was considering acquiring or investing in VALCO.

However, Ibrahim Mahama emphasized that the claims are inaccurate and do not reflect his current business interests or investment plans.

His comments have helped clarify the situation as discussions surrounding the future of VALCO continue.

VALCO’s Strategic Importance

VALCO remains one of Ghana’s strategic industrial assets, playing an important role in the country’s aluminium industry and industrial development agenda.

Any reports concerning changes in ownership or major investment in the company often attract significant public attention due to VALCO’s economic importance.

Public Urged to Rely on Verified Information

Observers have encouraged the public to rely on official statements and verified sources when discussing matters relating to major national assets and investment decisions.

Ibrahim Mahama’s response serves as an official clarification, dismissing speculation that he is pursuing ownership of VALCO.