Ahmed Mackie trading as MACCEM (Mackie Cement) has been engaged in economic sabotage through profiteering and racketeering. Ahmed Mackie has an agreement with the Government of Sierra Leone that mandates him to ensure that cement is always available in the local market. Even the price he sells a bag of cement for is negotiated with the Government of Sierra Leone through the Ministry of Trade and Industry.
Ahmed Mackie who last week agreed to sell a bag of cement for Le75,000 is now selling it for Le95,000 to Le100,000 a bag to retailers. He has created an artificial scarcity of the commodity by hoarding about 200,000 bags in his warehouse at Ferry Junction.
Ahmed Mackie who claims to own a cement factory called MACCEM, imports the bulk consignment mostly from Turkey and sells it here in bags manufactured specifically for his company.
It is alleged that Ahmed Mackie buys local cement here and sells it to the public as imported cement which is more expensive than the locally produced cement in Sierra Leone.
Ahmed Mackie sells a bag of cement for Le95,000 and Le100,000 because he is the only importer that has cement in his stores right now. Nobody knows why Mackie is selling the old consignment of cement for Le95,000 to Le100,000 a bag whilst Dangote was last week selling the same bag of cement for Le70,000.
The Minister of Trade and Industry, Dr. Edward Hinga Sandy on Thursday ordered Mackie’s warehouse at Ferry Junction shut down by the Police.
Meanwhile, Global Times learnt last night that Mackie’s agreement with the Government of Sierra Leone will be terminated next week.
When contacted on Thursday, Mackie said he was in Turkey and could not comment at that time.
Investigations continue.
-
𝐏𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭 𝐁𝐢𝐨 𝐀𝐝𝐝𝐫𝐞𝐬𝐬𝐞𝐬 𝐖𝐨𝐫𝐥𝐝 𝐁𝐚𝐧𝐤 𝐒𝐮𝐦𝐦𝐢𝐭
During the International Development Association IDA21 for African Heads of State Summit i… -
𝐏𝐨𝐥𝐢𝐜𝐞 𝐇𝐨𝐬𝐭 𝐒𝐩𝐚𝐧𝐢𝐬𝐡 𝐌𝐞𝐝𝐢𝐜𝐨𝐬
As part of efforts to cater for the welfare of police personnel, their dependants, and the… -
𝟑 𝐊𝐮𝐬𝐡 𝐃𝐞𝐚𝐥𝐞𝐫𝐬 𝐀𝐫𝐫𝐞𝐬𝐭𝐞𝐝
𝐁𝐲 𝐇𝐚𝐣𝐚 𝐀𝐝𝐚𝐦𝐚 𝐊𝐚𝐦𝐚𝐫𝐚. The Harbour Police Division in Freetown led by the Local Unit Comman…
Load More Related Articles
-
𝐏𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭 𝐁𝐢𝐨 𝐀𝐝𝐝𝐫𝐞𝐬𝐬𝐞𝐬 𝐖𝐨𝐫𝐥𝐝 𝐁𝐚𝐧𝐤 𝐒𝐮𝐦𝐦𝐢𝐭
During the International Development Association IDA21 for African Heads of State Summit i… -
𝐏𝐨𝐥𝐢𝐜𝐞 𝐇𝐨𝐬𝐭 𝐒𝐩𝐚𝐧𝐢𝐬𝐡 𝐌𝐞𝐝𝐢𝐜𝐨𝐬
As part of efforts to cater for the welfare of police personnel, their dependants, and the… -
𝟑 𝐊𝐮𝐬𝐡 𝐃𝐞𝐚𝐥𝐞𝐫𝐬 𝐀𝐫𝐫𝐞𝐬𝐭𝐞𝐝
𝐁𝐲 𝐇𝐚𝐣𝐚 𝐀𝐝𝐚𝐦𝐚 𝐊𝐚𝐦𝐚𝐫𝐚. The Harbour Police Division in Freetown led by the Local Unit Comman…
Load More By Amadu Daramy
-
𝐌𝐢𝐧𝐢𝐬𝐭𝐫𝐲 𝐨𝐟 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 𝐃𝐢𝐬𝐛𝐮𝐫𝐬𝐞𝐝 𝐔𝐒$ 𝟏𝟖.𝟓𝐦 𝐓𝐨 𝐈𝐏𝐏𝐬
The general public is informed that the Ministry of Finance, in collaboration with the Min… -
𝐌𝐢𝐧𝐢𝐬𝐭𝐫𝐲 𝐎𝐟 𝐅𝐢𝐧𝐚𝐧𝐜𝐞… 𝐂𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐨𝐫𝐬 𝐂𝐨𝐦𝐩𝐥𝐚𝐢𝐧 𝐎𝐟 𝐁𝐨𝐮𝐧𝐜𝐞𝐝 𝐂𝐡𝐞𝐪𝐮𝐞𝐬
At least, two government contractors have complained bitterly that, payment order issued t… -
𝐒𝐈𝐄𝐑𝐑𝐀 𝐑𝐔𝐓𝐈𝐋𝐄… 𝐌𝐏𝐬 𝐎𝐩𝐩𝐨𝐬𝐞 𝐂𝐫𝐚𝐢𝐠 𝐃𝐞𝐚𝐧’𝐬 𝐓𝐚𝐤𝐞𝐨𝐯𝐞𝐫 𝐁𝐢𝐝
There is a growing consensus in the House of Parliament against the widely reported unsoli…
Load More In Business
Click To Comment
Check Also
𝐏𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭 𝐁𝐢𝐨 𝐀𝐝𝐝𝐫𝐞𝐬𝐬𝐞𝐬 𝐖𝐨𝐫𝐥𝐝 𝐁𝐚𝐧𝐤 𝐒𝐮𝐦𝐦𝐢𝐭
During the International Development Association IDA21 for African Heads of State Summit i…