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General News Tue, 3 Jan 2012

NGO drags Waterville to Int'l Court of Arbitration over Woyome saga

A Non-Governmental Organization, Generational Youth Movement has filed a suit at the International Court of Arbitration against WATERVILLE for defrauding Ghana of 25 million dollars.

Waterville is the company which signed a contract with the Government of Ghana to renovate some stadia ahead of the country’s hosting of the 2008 African Cup of Nations.

The group has also filed a petition at the Commission on Human Rights and Administrative Justice (CHRAJ) to investigate what it describes as the “administrative injustice” perpetrated against the State by the payment of 58 million Ghana cedis as judgment debt to NDC Financier Alfred Woyome.

The NDC Bankroller sued the State for alleged illegal termination of his contract to renovate the same stadia.

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Waterville sued the State for almost 25 million Euros after its contract with the Government of Ghana was terminated.

Mr. Woyome, who allegedly represented M-POWAPAK-the local representative for VAMED ENGINEERING-Austria, towards executing some aspects of the contract, allegedly wrote to the Attorney General to contest the legitimacy of Waterville in suing Government for the said damages.

He rather sued the Government in his personal capacity for illegal termination of contract and was awarded 58 million Ghana cedis.

The judgment debt has sparked a lot of controversy in the country in the past few weeks.

Source: citifmonline
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