Kotoka Airport management refutes Mahama’ claims

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The Ghana Airport Company Limited (GACL) has refuted assertions by Former President John Mahama that an investment of $600 million was made at Kotoka Airport, is incorrect.

The former Ghanaian who is seeking to lead the country again earlier said that there was an attempt by the government to hand over 66% share of the Kotoka International Airport to TAM-SUMMA Consortium, a Turkish company.

But a statement issued by the Management of the Airport Company said the comments are inaccurate.

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

The statement added that management says it 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.

Source: Laudbusiness.com/Ghana

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