Embattled businessman Alfred Agbesi Woyome has been freed by an Accra High Court. Woyome was standing trial for allegedly defrauding the state of GH¢51.2 million.
He was acquitted and discharged on two counts of causing financial loss to the state and defrauding by false pretence.
Justice John Ajet-Nassam ruled that the state failed to convince him Woyome acquired the money fraudulently and failed to call key witnesses such as ex-Attorney General and her deputy, Betty Mould Iddrisu and Ebo Barton Oduro respectively.
The controversial payment was made under the tenure of the two.
Woyome was arrested on February 3, 2012 after the Economic and Organised Crime Office (EOCO), which had been commissioned by President John Evans Atta Mills to investigate the payment to him, had implicated him for wrongdoing.
He was first arraigned on February 6, 2012, together with three others.
The state brought the criminal case against him after the Supreme Court ordered him to refund the money paid him to the state.
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