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NDK, Ahaman & Energy Ministry judgment debt case adjourned

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A commercial court in Accra has adjourned to December 9, 2016, hearing for a case involving NDK financial services and the state over the diversion of funds by the then Ministry of Energy.

The court, Presided over by Justice Noble Jerome Nkrumah, suspended hearing following an agreement by the lawyers for both parties to that effect.

NDK filed a contempt case against the Principal Accountant and Chief Director of the Ministry of Energy for failing to heed a court order to furnish it with details of accounts of payments made in breach of payment guarantees given to NDK Financial Services.

Per the Supreme Court ruling, the two, should have filed the said accounts that were diverted to Ahaman Enterprise. Already, NDK has won an 88.5 million cedi judgment debt for 286,000 cedis initially diverted.

Meanwhile the BOG is expected to justify in court on Wednesday, why some government accounts should not be frozen to pay off debts owed NDK financial services after the company filed a garnishee case against the state.

By:  Pius Amihere Eduku/citibusinessnews.com/Ghana

 

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