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General News of Wednesday, 1 April 2015


Woyome to pay Ghc51m without interest is injustice - Baako fumes

Editor-in-chief of the New Crusading Guide Newspaper, Kweku Baako says it is an injustice to allow Alfred Agebsi Woyome to pay back the ?51 million judgement debt unlawfully paid to him without interest.

He said the National Democratic Congress (NDC) financier should have been compelled to repay the money with interest especially when it has been established that the means by which the money was paid was fraudulent.

If he has invested the money and is making huge returns on it then he has nothing to lose if he is only paying back what he was given without interest, he said.

Speaking on Peace FM’s morning show ‘Kokrokoo’ Kweku Baako said Woyome has cheated the nation but retrieving the ?51 million is consolation enough adding that at least he will not get away with it.

His decision to refund the money at his own time - which is the end of the year, is even an insult to the nation, he added.

Osafo Buabeng, Lawyer for Mr Woyome revealed yesterday that his client will refund the ?51 million judgement debt paid to him by December this year.

He told a panel of Supreme Court judges Tuesday that his client Alfred Woyome had already met with the Attorney General on four occasions to discuss a payment plan.

Mr Baako said what happened yesterday shows that there is determination on the part of the state to retrieve the money as directed by the Supreme Court.

He indicated that the Attorney General Marietta Brew Appiah-Oppong is proceeding in the right direction with her attempts to retrieve the money paid to the businessman although there have been several attempts to impede her progress.

The court, in Mr Baako’s view, should put in place measures which will ensure that Woyome repays the money within the stipulated time.

The AG according Mr Baako has already filed a writ which will ensure that in an event where the NDC financier is unable to pay back the money, certain properties of his will be confiscated by government to defray the debt.

This is because the constitution prevents the court from jailing Mr Woyome in a situation where he is unable to repay the debt.

The writ filed by the AG as mentioned by Mr Baako included four residential properties spread across some areas in Accra - Tesano, Kpehe and the plush Trasacco Valley.

Other properties such as vehicles, a quarry at Mafe in the Volta Region as well as equipment were also mentioned in the writ.