General News of Monday, 11 December 2017
Source: ultimatefmonline.com
2017-12-11
Joseph Siaw Agyepong, Founder of Jospong Group of Companies
A Kumasi High Court on an application by a Kumasi-based businessman Alhaji Mohammed Abass has ordered for the closure of the main office of J.A Plant Pool for failing to pay damages awarded the former.
Alhaji Mohammed Abass sued J.A Plant Pool a subsidiary of Jospong Group of Companies located in Accra-Dzorwulu for wrongful detention of his vehicle.
The company detained Alhaji Abass’ vehicle after he sent the vehicle for repairs at Kodie in the Ashanti region.
But officials at Jospong claimed Alhaji Abass owed Agricultural Development Bank (ADB), hence detained the vehicle.
Despite protestations by Alhaji Abass, Jospong refused to release the vehicle.
Alhaji Abass then sued Jospong and an amount of GH¢1.350,000 and an interest of GH¢695,795 was awarded to him for wrongful detention of his vehicle.
After the judgment, the businessman served entry of judgement on J.A Plant Pool but the latter failed to pay the amount.
Alhaji Abass subsequently sought court order and the company was locked up.
Business activities at the J.A Plant pool have come to a halt following the closure.
Joseph Siaw Agyapong is the Chairman of the Jospong Group of Companies.
