AGYAPA ROYALTIES: 100% OWNED BY GOV'T-JOHN KUMAH REMOUNTS DEFENCE

The Depuy Finance Minister nominee, Lawyer John Kumah has mounted a strong defence for the controversial Agyapa Minerals Royalties deal.

Although the deal has now been suspended, the Ejisu Member of Parliament (MP), Hon. John Kumah during interview on Omanbapa

after his nomination stressed that proceeds from the agreement would significantly improved the local mining industry. 

He told host Nana Ampratwum that, “The conceptual underpinnings of the creation of the Agyapa deal is very much in line with Section 41 of the Minerals Income Investment Fund Act 2018 (Act 978). “Which talks about the functions of the Fund which is to leverage incomes of our gold mining for purposes of supporting mining operations in Ghana.” “And which can ultimately cure this lacuna of indigenous Ghanaian enterprises that are not participating in large scale mining in Ghana,” he added.