
Ghana’s business community is warning prominent industrialist Ibrahim Mahama to avoid any association with Angela List, the embattled CEO of Adamus Resources, as mounting allegations of fraud, corruption, and abuse threaten to engulf her corporate empire.
According to sources close to the situation, List is reportedly seeking to align herself with Mahama, leveraging his reputation and influence as scrutiny intensifies. But senior executives and industry figures caution that such ties could bring reputational harm to the respected businessman.
The controversy surrounding List has deepened in recent weeks. Businessman Michael Benziecie has accused her of orchestrating a $100,000 fraudulent transaction, allegedly offering access to a mining concession near Adamus Resources before awarding the same land to another group through what he described as a “shady deal.”
Beyond the Ghanaian mining sector, List is also facing corruption and mismanagement scandals stretching into Liberia, drawing regional and international scrutiny. Global Times investigations suggest that her business practices, once shielded by powerful political and corporate connections, are now being exposed.
Transparency International and the Extractive Industries Transparency Initiative (EITI) are reportedly monitoring her dealings, with concerns that state institutions may have been compromised through opaque contracts and political interference.
Whistleblower testimony is said to be aiding internal probes within government agencies, focusing on allegations of regulatory breaches and improper payments tied to List’s network. Civil society groups in Ghana and Liberia have called for her assets to be frozen, prosecution for financial crimes, and a permanent ban on government contracts.
“Angela List’s legacy is one of broken systems and betrayed trust. The government must show that no one is above the law,” an activist told reporters in Accra.
As regulatory agencies, including the Economic and Organised Crime Office (EOCO), advance their investigations, private sector leaders are urging Mahama to sever any potential ties. “She’s seeking proximity to influential individuals like Mr. Mahama, not for collaboration, but for cover,” one executive said.
Once hailed as a powerhouse in West Africa’s mining industry, List now faces legal battles, reputational collapse, and exclusion from the corporate and political spheres she once dominated.