Be serious – Court cautions Woyome


The Supreme Court on Tuesday cautioned embattled businessman, Alfred A. Woyome, to take the court serious after it dismissed his latest application seeking a stay of execution to allow him to pay the GHȻ51.2 million, while he heads to the International Chamber of Commerce (ICC).

He was also praying the court to allow him to pay the money by instalment, starting with GHȻ8 million at the end of April 2016 with the rest spread within 36 months and paid quarterly.

The court, however, took exception to the fact that while Mr Ken Anku, counsel for Mr Woyome, had told the media that he was heading to the ICC for arbitration, at the same time, he was in the court seeking to tie the hands of the Attorney-General (A-G) to prevent it from attaching his properties because his client wanted to renegotiate the terms of payment.

Woyome heads to international court Businessman, Alfred Agbesi Woyome had decided to go for an international arbitration with regards to the GH¢51.2 million judgment debt which the Supreme Court asked him to refund.

He gave the hint in February after the Supreme Court dismissed an application by one Abdulai Yusif Fanash Muhammed,who had filed an application to contest the Supreme Court’s ruling on the matter.

Muhammed had prayed the court to declare that the financial engineering claims by Mr Woyome arising out of the tender bid by Vamed Engineering GmbH/Waterville Holdings during the procurement process in June 2005 until its wrongful abrogation in August 2005, was not an international business transaction within the meaning of Article 181 of the 1992 Constitution.

According to counsel for Mr Woyome, Ken Anku even though Muhammed’s case would have inured to the benefit of Mr. Woyome, he was not the one who initiated it contrary to arguments that the suit by Muhammed was spearheaded by Mr.Woyome.


Source: GraphicOnline


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.