AG, UT contest over Woyome's properties

quist 19:13 - 01 April 2016

Lawyers for UT Bank, Manet Towers, Airport City, Archer, Archer and Co., have filed a notice of claim at the High Court for the properties located in Trasaco in Accra.

The Attorney-General’s Department’s attempt to sell businessman Alfred Agbesi Woyome’s property to defray the GHC51.2 million seem to have hit a snag after UT Bank’s claim that they own two of the properties the AG’s office was looking to confiscate.

The writ therefore means that the AG’s department will be unable to sell the properties to defray the outstanding debt.

The Supreme Court, on July 29, 2014, ordered Woyome to refund GH¢51.2 million to the state on the grounds that he got the money out of unconstitutional and invalid contracts between the state and Waterville Holdings Limited in 2006 for the construction of stadia for CAN 2008.

Woyome has gone to the International Court of Arbitration to contest the court’s decision.

He served notice after reneging on his promise to the Supreme Court to pay the money by the end of December 2015.