Gov’t Reveals Formation Of Risk Management Team For $2bn Bauxite Deal

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Government has instituted a Risk Management Team to resolve the challenges that may characterize the implementation of the $2 billion Sinohydro bauxite deal.

The signing of the deal by government has been heavily criticized especially by the Minority in Parliament, who argue that it amounts to a cheap sale of the country’s resources.

Speaking at the second edition of the Citi Business Forum, on the theme: After China, what next, Information Minister-designate, Kojo Oppong Nkrumah said the government will ensure that the country makes the best out of the deal.

“We have put in place what we call the risk management team made up of people who are familiar with the Sino experience. Sometimes some argue that they [China] keep changing the goal post, you can agree on something or on a…

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