President Nana Addo Dankwa Akufo-Addo has given an assurance that the government will work to revive the fortunes of the Ghana Consolidated Diamonds Limited (GCDL).
"In times past, the company helped create jobs and wealth for the people of Akwatia. Therefore, if today there are some lingering issues concerning the operations of the mine, then it is my utmost responsibility to ensure that such bottlenecks are all cleared to get the mine functioning again. That is why I am here today," he said.
Addressing a durbar in his honour in Akwatia as part of his tour of the Eastern Region last Sunday, the President said the government had already restored electricity to the company, after it was disconnected from the national grid for about three years for non-payment of bills.
Last month, the government abrogated the contract awarded to the GCDL, a subsidiary of the Jospong Group of Companies, to mine diamond in Akwatia, for breach of contract.
The company, according to the Director-General of the State Interests and Governance Authority (SIGA), Mr Stephen Asamoah-Boateng, failed to fulfil its core mandate of paying $17 million to the Divestiture Implementation Committee (DIC), as well as rehabilitating and refurbishing facilities at the mines to enhance production.
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