Woyome To Refund Gh¢51m By Close Of 2015

Beleaguered Ghanaian businessman, Alfred Agbesi Woyome, will return in full the GH¢ 51.2 million judgment debt paid him by the State, his lawyers have revealed.

Lead counsel, Sarfo Boabeng told the nine-member Supreme Court panel hearing the AG’s application for the retrieval of the money his client has already resolved to make the payment at the end of 2015.

Boabeng argued that the State had no business running to the court for directions when his client had indicated he would by the end of the year pay back in full all the Gh¢ 51.2 m.

Woyome’s accounts and assets were frozen about three years ago after he was arrested and charged for causing financial loss to the State as well as defrauding by false pretences with regards to the payment to him between 2009 and 2010 under Betty Mould-Iddrisu and Ebo Barton-Odro as Attorney General and Deputy, respectively.

However, he was acquitted and discharged by a High Court on two counts of defrauding by false pretences and causing financial loss to the state a few weeks ago.

According to the presiding judge, John Ajet-Nassam, the prosecutors failed to prove Woyome fraudulently obtained the Ghc51.2 million.

Justice Ajet-Nassam also indicted the prosecution for failing to call Mrs Mould-Iddrisu; Rex Magnus Danquah, Ebo Barton-Odro, Paul Asimenu, Samuel Nerquaye-Tetteh and others who had all given written opinions that Woyome was entitled to the money.

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