The Supreme Court has ordered the sale of Mr Alfred Agbesi Woyome’s assets to defray debt he owes the state.
The court is of the view that the claim by UT Bank that Woyome sold two houses at Trassaco Estate to the bank was a sham.
Graphic Online’s Mabel Aku Baneseh reports that the court further held that Woyome’s quarry was not used as collateral as claimed by Woyome and the bank.
Assets to be sold include: two houses at trassaco Estate, a house at Kpehe, a stone quarry, plants and equipment at the stone quarry.
Cost of GH¢60,000 awarded against UT bank and Woyome.
According to the Deputy Attorney-General, Mr Godfred Yeboah Dame, the value to be realised from the sale is GH¢20 million.