• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, October 14, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

We Will Investigate the Agyapa and PDS Deals- Former President John Mahama

Stephen M.Cby Stephen M.C
August 24, 2020
Reading Time: 2 mins read
Stephen M.Cby Stephen M.C
in General News
0
We Will Investigate the Agyapa and PDS Deals- Former President John Mahama

Former President and NDC Flag bearer, John Dramani Mahama

The former President of Ghana and the current flag bearer of the National Democratic Congress (NDC), John Dramani Mahama, has said that a new government of the NDC will investigate all allegations of corruption by appointees of President Akuffo Addo notable amongst them are the Agyapa mining royalty deal and the PDS scandal.

“Ghanaians deserve to know what happened because assets of state-owned Electricity Company of Ghana(ECG)  was handed over to a privately owned Power Distribution Services(PDS) following which they collected huge sums of money, running onto millions of dollars which have not been accounted for.”

According to a press statement from the party, the flag bearer in a media interaction described the Agyapa mining deal as “shady” saying he

“wondered why the New Patriotic Party (NPP) government had mortgaged Ghana’s gold royalties to a private company in which the state has 51 per cent stake and some faceless individuals, 49 per cent.”

Read more: https://thevaultznews.com/2020/08/15/parliament-approves-securitization-of-gold-royalties/

RelatedPosts

TUC’s Dr. Otoo Accuses Government of Betrayal on Galamsey Fight

Uncompleted Projects Costing Ghana Big – NDPC Chair Demands Urgent Fix

Govt Clears Over 17,000 Health Professionals for Payment

He further went on to say that President Akuffo Addo and his government have “lost the fight against corruption” due to the fact that many corruption cases have not been properly investigated and his government upon assumption of office will immediately investigate the mentioned cases.

“The President is not willing to fight corruption. Depending on who you are in his administration, you can do whatever you want and get away with it because he will personally clear you and say that nothing untoward has happened.

“Our people are tired of corruption, it demotivates them and they want that leader who is in office, who will not only investigate former appointees but also investigate people who engage in corruption in this era.”

This statement is in relations with government’s creation of a Special Purpose Vehicle (SPV), Agyapa Royalties Limited, under the Minerals Income Investment Fund Act to maximize the mineral royalties received by government from mining companies.

Read also: https://thevaultznews.com/2020/08/24/agyapa-funds-will-be-re-invested-in-mining-deputy-finance-minister/

ADVERTISEMENT
Tags: Agyapa Royalty LimitedCorruptionNational Democratic CongressPDS
Please login to join discussion
Previous Post

We want to introduce a simplified tax regime for MSMEs and make sure they can pay their taxes online- Dr. Bawumia

Next Post

Remote sensing technology will be implemented to check power theft – Bawumia

Subscription Form

Related Posts

TUC’s Dr. Otoo Accuses Government of Betrayal on Galamsey Fight
General News

TUC’s Dr. Otoo Accuses Government of Betrayal on Galamsey Fight

October 14, 2025
Chairman of the National Development Planning Commission, Dr Nii Moi Thompson
General News

Uncompleted Projects Costing Ghana Big – NDPC Chair Demands Urgent Fix

October 14, 2025
Minister of Health, Kwabena Mintah Akandoh
General News

Govt Clears Over 17,000 Health Professionals for Payment

October 13, 2025
NPP Presidential Primaries: Bawumia Most Marketed Candidate—Prof. Nortey
General News

NPP Presidential Primaries: Bawumia Most Marketed Candidate—Prof. Nortey

October 13, 2025
National Security Warns Chiefs, Politicians Against Interfering in NAIMOS’ Operations
General News

National Security Warns Chiefs, Politicians Against Interfering in NAIMOS’ Operations

October 13, 2025
Ghana’s President HE John Dramani Mahama
General News

Mahama Champions Stronger Ghana-China Ties Amid Global Trade Uncertainty

October 13, 2025
MzGee Opens up on Sabotage, Body Shaming
Entertainment

Broadcaster Condemns Silence Surrounding School Sexual Molestation

by Esther Korantemaa OffeiOctober 14, 2025
Zambian Delegation Explores Ghana’s Thriving Mining Sector
Extractives/Energy

Zambian Delegation Explores Ghana’s Thriving Mining Sector

by Bless Banir YarayeOctober 14, 2025
TUC’s Dr. Otoo Accuses Government of Betrayal on Galamsey Fight
General News

TUC’s Dr. Otoo Accuses Government of Betrayal on Galamsey Fight

by Silas Kafui AssemOctober 14, 2025
Qatari Emir Lauds Outcomes Of Sharm el-Sheikh Peace Summit
Asia

Qatari Emir Lauds Outcomes Of Sharm el-Sheikh Peace Summit

by Comfort AmpomaaOctober 14, 2025
Rising Gold Prices Power Ghana’s GoldBod Economic Strategy 
Extractives/Energy

Ghana Moves Closer to Ethical Gold Trade with Track-and-Trace System 

by Prince AgyapongOctober 14, 2025
Chairman of the National Development Planning Commission, Dr Nii Moi Thompson
General News

Uncompleted Projects Costing Ghana Big – NDPC Chair Demands Urgent Fix

by Evans Junior OwuOctober 14, 2025
MzGee Opens up on Sabotage, Body Shaming
Zambian Delegation Explores Ghana’s Thriving Mining Sector
TUC’s Dr. Otoo Accuses Government of Betrayal on Galamsey Fight
Qatari Emir Lauds Outcomes Of Sharm el-Sheikh Peace Summit
Rising Gold Prices Power Ghana’s GoldBod Economic Strategy 
Chairman of the National Development Planning Commission, Dr Nii Moi Thompson

Recent News

MzGee Opens up on Sabotage, Body Shaming

Broadcaster Condemns Silence Surrounding School Sexual Molestation

October 14, 2025
Zambian Delegation Explores Ghana’s Thriving Mining Sector

Zambian Delegation Explores Ghana’s Thriving Mining Sector

October 14, 2025
TUC’s Dr. Otoo Accuses Government of Betrayal on Galamsey Fight

TUC’s Dr. Otoo Accuses Government of Betrayal on Galamsey Fight

October 14, 2025
Qatari Emir Lauds Outcomes Of Sharm el-Sheikh Peace Summit

Qatari Emir Lauds Outcomes Of Sharm el-Sheikh Peace Summit

October 14, 2025
Rising Gold Prices Power Ghana’s GoldBod Economic Strategy 

Ghana Moves Closer to Ethical Gold Trade with Track-and-Trace System 

October 14, 2025
Chairman of the National Development Planning Commission, Dr Nii Moi Thompson

Uncompleted Projects Costing Ghana Big – NDPC Chair Demands Urgent Fix

October 14, 2025
Subscription Form
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.