Workers of the Tema-based Volta Aluminium Company (VALCO) have called for the resignation of the Chief Executive Officer of the Ghana Integrated Aluminium Development Corporation (GIADEC), Reindorf Twumasi Ankrah, citing incompetence in the management of VALCO’s affairs.
According to the union, VALCO has significant potential and capacity to operate without external investment. They argue that claims of losses and debt frequently raised by the CEO are exaggerated and deliberately framed to justify the push for investment.
The group further stated that the ‘so-called’ strategic investment plans being sourced by the government amount to the sale of the company and must be halted to allow for a thorough review of VALCO’s true prospects.
Speaking at a protest on Monday, February 9, the Local Union Chairman, Samuel Tetteh Agyeman, urged the President to dismiss the CEO, stating that he is not fit to occupy a leadership position at GIADEC.
He added that several attempts by the union to engage the CEO on the issue have yielded no results.
“He doesn’t take any advice from anybody, and nothing concerns him. What he says he wants to do, whether good or bad, is what he wants to do. We wrote him a letter on the 18th of December, and he hasn’t replied. So we do not know what he is up to. He also doesn’t talk to anybody,” he stated.
