The Ghana Airports Company Limited (GACL) has refuted reports that Engineers and Planners Company Limited owned by Ibrahim Mahama is indebted to it. 

In a letter sighted by dated May 5, 2017, and signed by the Deputy Managing Director of GACL, Dr J. Okwesie Arthur said:  "Reference to your letter dated May 3, 2017, on the above subject, we wish to state that Engineers and Planners Company Limited is not indebted to GACL as at May 5, 2017." 

There were reports last week that former President Mahama's brother's company is indebted to the GACL to the tune of GHS8 million in aviation fuel costs and taxes.

The Chief Executive Officer (CEO) of the construction company, Engineers and Planners owns a private jet.

MBG Limited and Holman Brothers, businesses owned by Ibrahim Mahama have fulfilled all financial obligations to the Ghana Revenue Authority (GRA).

Not long ago, Mr Mahama and the Ghana Revenue Authority (GRA) had engaged in a tussle regarding taxes the two companies owed the revenue agency.

Issues came to a head when he reneged on a payment plan and whiles some cheques issued were not honoured by his bankers.

The GRA issued a two-week ultimatum for MBG Limited, a heavy duty equipment dealer, and Holman Brothers to honour the amounts due or face legal action.

Anti-graft agency, the Economic and Organised Crimes Office (EOCO) last month interrogated Mr. Ibrahim Mahama over dud cheques issued for the payment of import duties to the GRA.

But both companies last Friday said they have issued two separate cheques to defray the debt.

One cheque issued is to the tune of GHS10,216,258.47 and the second cheque amounts to GHS2,176,544.61.

Read the letter below