[ 2015-03-31 ]

Woyome to refund Gh¢51m by close of 2015
Beleaguered Ghanaian businessman, Alfred Agbesi
Woyome, will return in full the GH¢ 51.2 million
judgment debt paid him by the State, his lawyers
have revealed.

Lead counsel, Sarfo Boabeng told the nine-member
Supreme Court panel hearing the AG’s application
for the retrieval of the money his client has
already resolved to make the payment at the end of
2015.

Boabeng argued that the State had no business
running to the court for directions when his
client had indicated he would by the end of the
year pay back in full all the Gh¢ 51.2 m.

Woyome’s accounts and assets were frozen about
three years ago after he was arrested and charged
for causing financial loss to the State as well as
defrauding by false pretences with regards to the
payment to him between 2009 and 2010 under Betty
Mould-Iddrisu and Ebo Barton-Odro as Attorney
General and Deputy, respectively.

However, he was acquitted and discharged by a High
Court on two counts of defrauding by false
pretences and causing financial loss to the state
a few weeks ago.

According to the presiding judge, John
Ajet-Nassam, the prosecutors failed to prove
Woyome fraudulently obtained the Ghc51.2 million.

Justice Ajet-Nassam also indicted the prosecution
for failing to call Mrs Mould-Iddrisu; Rex Magnus
Danquah, Ebo Barton-Odro, Paul Asimenu, Samuel
Nerquaye-Tetteh and others who had all given
written opinions that Woyome was entitled to the
money.

Source - Starrfmonline

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