Defreezing of assets: Woyome suffers setback

The Appeals Court in Accra has adjourned the case involving the Economic and Organised Crime Office (EOCO) and businessman Alfred Agbesi Woyome over the freezing of the latter’s assets.

Presiding judge of the Appeals Court, Justice Henrietta Abban, adjourned the case to the 14th of February, 2013.

Mr. Woyome’s lawyers have been battling EOCO in court to get them to defreeze their client’s assets.

In January this year, Mr. Justice Bright Mensah, a judge at the Financial Court granted an order to EOCO to freeze Woyome’s accounts at the Agricultural Development Bank (ADB), and freeze all his financial assets and other bank accounts.

Mr. Woyome is currently facing trial for misrepresenting documentations to get the government to pay him GH¢51, 283,480.59, thereby willfully and fraudulently causing financial loss to the state.

Mr. Woyome, has been in court since February this year, seeking EOCO to defreeze all the bank accounts and financial assets which his lawyers say was illegally confiscated on the back of an exparte ruling by a judge of the financial court, over the payment of GH¢51,283,480 million to Mr. Woyome.