10:27, 07.Nov 2018
Businessman Alfred Agbesi Woyome has described as an error an order by the Supreme Court for his assets to be sold to defray part of the GH₵51million judgment debt illegally paid to him by the state.
The apex court gave the Attorney-General the order on Thursday.
Two Executive buildings and two other residential facilities at Caprice and Abelenkpe in Accra; are part of properties earmarked for sale under the court order.
But the businessman, however, disagrees with the court.
He told Accra-based radio station, Citi FM, that he will seek a review of the judgement since he believes that the judgement was unlawful and based on wrong facts.
“I believe that the sole judge erred both in facts and in law. So far as he has erred. I still have a right to review. I will exercise that right of review,” he said.
The two properties identified by the courts are estimated at GH₵20 million and the court believes that their sale could prove vital in retrieving the GH¢51.2 million judgement debt he allegedly received from the state unlawfully.
The now-defunct UT Bank has claimed some of the properties identified by the state as theirs. It was the claim of lawyers of the defunct UT Bank that Woyome, used the said properties as collateral for loans at the bank which he failed to pay back. Ownership of the properties according to UT Bank, based on the failure to pay back the loans, transferred to the bank automatically.
But Woyome has rejected the claim. He said there was neither a loan nor any act of collusion with the now defunct bank.
Source: Graphic Online