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Minority in parliament backs VALCO workers, demands transparency over company’s future
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The Minority Caucus in Parliament has thrown its support behind workers of the Volta Aluminium Company Limited (VALCO), calling on the government to disclose details of what it describes as a “strategic equity capitalization process” involving the state-owned company.
In a press statement issued on July 29, the caucus said the concerns raised by the workers should not be ignored because they understand the company’s operations and future.
According to the Minority, the government has failed to clearly explain what the proposed equity capitalization process involves and whether it could result in the sale, transfer of ownership, or privatization of VALCO.
It argued that the government should be transparent with Ghanaians instead of using technical language that leaves room for uncertainty.
The caucus also questioned why the government was pursuing the process after VALCO’s Board Chairman recently announced that the company made a profit of US$3.19 million in the first half of 2026.
According to the Minority, if the company has returned to profitability, the government must explain why it is considering changes to its ownership structure.
The statement further expressed concern over what it described as the growing concentration of influence around one business interest in institutions linked to Ghana’s aluminium industry.
The Minority claimed that the situation could undermine public confidence and urged the government to prove that decisions regarding VALCO are being made fairly and without favouritism.
It maintained that VALCO is a strategic national asset that belongs to the people of Ghana and that its future should not be decided behind closed doors.
The caucus called on the government to immediately publish the framework for the proposed strategic equity capitalization process, VALCO’s latest audited financial statements, an independent valuation of the company, the proposed equity structure, the identities of all prospective strategic investors, and the criteria used to select them.
According to the Minority, making the information public would help assure Ghanaians that the process is transparent and in the national interest.
By: Jacob Aggrey
The National Anti-Illegal Mining Operations Secretariat (NAIMOS) has arrested 19 suspected illegal miners at Mpohor Fiase in the Western Region following reports of galamsey activities near the community police station.
NAIMOS announced the arrests in a statement issued on Thursday, July 30, 2026.
According to JoyNews reporter Erastus Asare Donkor, illegal mining has become widespread in parts of the Mpohor Fiase District, with miners operating openly close to the police station.
Residents, farmers, and traditional leaders had called on the government to take urgent action to stop the activities.
NAIMOS stated that its task force had previously conducted reconnaissance in the area before carrying out a major operation on Wednesday, July 29, as part of efforts to curb illegal mining in the district.
The task force first targeted two major illegal mining sites and later moved to several smaller sites in the area.
During the operation, officers destroyed 16 chanfang machines, nine water pumps, and three temporary structures used by the miners. An excavator was also found at one of the sites, and its key components were removed to prevent further use.
NAIMOS further disclosed that officers recovered a pump-action shotgun and four rounds of ammunition from one of the suspects. The suspect was among the 19 people arrested.
The task force also found GH¢120,000 in cash in the possession of another suspect.
NAIMOS indicated that all the suspects and the seized items have been secured for investigations and possible prosecution.
The Secretariat stated that it would continue intelligence-led operations aimed at disrupting illegal mining activities and protecting the country’s land and natural resources.
It urged people involved in illegal mining to stop the practice and appealed to the public to provide credible information to support the fight against galamsey.
By: Jacob Aggrey
The Attorney-General and Minister for Justice, Dr. Dominic Ayine, has directed the filing of an appeal against the Court of Appeal’s decision to acquit former Chief Executive Officer of the Microfinance and Small Loans Centre (MASLOC), Ms. Sedina Attionu Tamakloe.
In a statement issued today, the Office of the Attorney-General said it had taken note of the Court of Appeal’s ruling which discharged Ms. Tamakloe of all charges brought against her.
Ms. Tamakloe was facing 78 counts including conspiracy to steal, stealing, conspiracy to cause financial loss to the State, causing financial loss to the State, causing loss to public property, improper payment of public funds, unauthorized commitments resulting in financial obligations to the Government, money laundering, and breaches of the Public Procurement Act.
She was tried and convicted in absentia by the High Court, Financial Division 2, presided over by Her Ladyship Justice Afia Serwaa Asare-Botwe, JA, sitting as an additional High Court Judge. She was subsequently sentenced to 10 years imprisonment.
The Republic opposed the appeal at the Court of Appeal through written submissions, arguing that the appeal lacked merit and should be dismissed.
Following the Court of Appeal’s decision, the Attorney-General has instructed the Director of Public Prosecutions to immediately file a notice of appeal at the Supreme Court.
The AG has also directed that an application for a stay of execution of the Court of Appeal judgment be filed pending the determination of the appeal.
“The Attorney-General remains committed to the due process of law and is confident that the appeal before the Supreme Court will succeed,” the statement said.
By Edem Mensah-Tsotorme
