Ibrahim Mahama is a brother of the former president of Ghana, John Mahama. Ghanaian media report that Mahama, the CEO of Engineers & Planners Company Limited, is under investigation by Ghana’s economic and organized crimes office for allegedly issuing bad checks. In 2016, Ghanaian authorities took Mahama’s company to court for allegedly not paying social security payments to staff; the case was later settled.
In the data
In 2013, representatives of Mahama and his contracting company Engineers and Planners Company Limited contacted Appleby about creating two offshore companies in the Isle of Man but ended up creating only one. That company, Red Sky Aviation Limited, was used to hold a $7 million Bombardier Challenger jet.
The second company was intended for “consulting services in the oil and gas mining infrastructure development and real estate sectors of the Ghanaian economy.” Appleby ranked Mahama and his companies as a high risk due to his relationship to the then-president and allegations in local media that government funds were being used to repay the company’s multimillion-dollar bank loan. Mahama’s company denied any wrongdoing.
A representative of Engineers & Planners Company Limited declined to respond to specific questions and told ICIJ that there was nothing illegal in the use of offshore companies.
New Business File Note on Ibrahim Mahama
There are legitimate uses for offshore companies and trusts. We do not intend to suggest or imply that any people, companies or other entities included in the ICIJ Offshore Leaks Database have broken the law or otherwise acted improperly. Many people and entities have the same or similar names. We suggest you confirm the identities of any individuals or entities located in the database based on addresses or other identifiable information. If you find an error in the database please get in touch with us.