Woyome luxury homes now ‘Bronya Akyede’ …As they go on auction

Must Read

Ghanaians rally behind Akufo-Addo as #TrustAkufoAddo trends on Twitter

Some Ghanaians on Twitter have shown their support for President Akufo-Addo for the upcoming December 2020 elections. According some Twitter...

Disregard rumors of reopening of school for continuing students – Education Minister

Education Minister, Dr Matthew Opoku Prempeh has urged the general public to disregard statements making the rounds that some...

I’ll expose you if you don’t stop talking “rubbish” about Rawlings – Koku Anyidoho warns Kwesi Pratt

A former Deputy General Secretary of the opposition National Democratic Congress (NDC), Koku Anyidoho has warned the Managing Editor...

Two plush Trasacco mansions belonging to embattled NDC Financier, Alfred Agbesi Woyome would be auctioned during these Christmas festivities as the State moves to reclaim in full the Ghc51M he illegally received under the Mills/Mahama administration.

One of his residential houses located at Kpehe in Accra would also be auctioned on 30th December, 2019.

The auction of the houses belonging to Mr Woyome is as a result of a ruling by the Supreme Court.
A notice of auction of the properties has been placed in the Daily Graphic of 2nd December, 2019.

It would be recalled that Mr Woyome was paid GH¢51 million for helping Ghana raise funds to construct stadia for purposes of hosting the CAN 2008 Nations Cup.

However, an Auditor General’s report released in 2010 said the amount was paid illegally to the opposition National Democratic Congress (NDC) financier.

There have been many legal tussles to retrieve the money.

Former AG, Martin Amidu, however, proceeded to the Supreme Court as a private citizen and managed to retrieve for the state millions of cedis said to have been paid illegally to Mr Woyome.

The judges stayed a verdict on the Woyome case Amidu brought before them because the matter was pending before the High Court.

He later went on a review and asked the court to rule in his favour but Woyome was asked to refund the GH¢51 million to the state with moves by the AG to sell off his property in order to offset part of the debt which has since been granted.

The Presiding Judge, Justice A. A. Bennin held that evidence adduced by the state in court showed there had been no sale of property to UT Bank.

He said there was a clear collusion between the bank and Woyome to create the impression that the properties in dispute were for Woyome and later reverted to the bank for the repayment of a loan.

“I declare the sale as a sham,” Mr Justice Bennin said in the ruling.

The court said it found that the same property had been used for a loan a year later after it was alleged to have been sold.

It also found that the Trassaco properties were neither sold nor used as collateral.

The court also held that a purported mortgage of the Abelemkpe house to Woyome’s brother was not registered as required by law and therefore invalid.

Accordingly, it dismissed UT Bank’s claims, ordered for the sale of the residential properties at Trasacco Estate and further moved to order that the quarry being claimed by Anator Holdings was Woyome’s asset.

Besides, the court held that there was no transfer of shares in Anator Holdings in accordance with the rules set out in the Companies Act, 1963 (Act 179).

Meanwhile, Deputy Attorney and Minister of Justice, Godfred Yaboah Dame has disclosed that Mr Woyome is likely to be prosecuted for forgery.

Mr. Yeboah Dame, who disclosed this on Monday, said the Ministry had forwarded a memo to the Criminal Investigations Department (CID) of the Ghana Police Service to investigate and prosecute Woyome for colluding with the erstwhile UT Bank to fabricate evidence about the ownership of his assets which the state attached through a SupremeCourt ruling.

“The final Supreme Court ruling was that Woyome had colluded with the UT Bank to practise fraud on the court. I have followed up on that matter and presented a memo to my boss, the Attorney-General, who has subsequently taken a move by writing to the CID to ensure the prosecution of Mr Woyome for the offence of fabrication of evidence,” he said.

 

Source: ABC News Newspaper 

Submit your stories or articles to newsroom@abcnewsgh.com or Whatsapp them to +233 553620623

- Advertisement -

Comments

Latest News

MTN aYo Recharge with Care double clients’ benefits

MTN aYo Insurance has doubled the benefits on its Recharge with Care (RwC) policy for customers, effective August 1,...

Caught in the web of faith: SDA students boycott WASSCE exam slated for Saturday

Three students of the Agona Senior High Technical School have forfeited a paper in THE ongoing West Africa Senior School Certificate Examination, (WASSCE) in...

New voters’ register still has foreigners and minors – EC disclose

The Electoral Commission of Ghana has disclosed that, the new electoral roll still has foreigners and minors on it. Addressing the media, Chairperson of the...

International Youth Day: Prioritize youth development in employable IT skills – Greater Accra Youth Network to gov’t

The Greater Accra Regional Youth Network has appealed to the Government of Ghana to help prioritize youth development issues especially, employable skills in Information...

MASLOC donates 33-seater bus to NUGS

The Microfinance and Small Loans Centre (MASLOC) has donated a 33-seater Isuzu bus to the National Union of Ghana Students (NUGS) through the Ministry...

More Articles Like This

%d bloggers like this: