General News Fri, 14 Dec 2018

Woyome’s Anator Holding firm huge beneficiary of Judgment debt – Government

A company said to be owned by businessman, Alfred Woyome, Anator Holding Limited, has been cited by the state as being a major beneficiary of the GHc 51 million judgment debt wrongfully paid to him.

The revelation follows a dispute at the Supreme Court between the state and Anator Holding, over a quarry company said to belong to the businessman.

According to an affidavit filed on behalf of the state by Deputy Attorney General, Godfred Dame, Anator Holdings received not less than 14 transfers from the wrongful judgment debt meant to be used to run the company of which Mr. Woyome is the sole owner.

The Attorney-General wants to sell the quarry, which is located in the Eastern Region to offset the GH¢47.2 million debt Mr. Woyome owes the state.

But Anator Holdings, has filed a case at the apex court arguing that the quarry belongs to it and not Mr. Woyome.

The company is therefore praying the court to prevent the A-G from adding the quarry to the list of the businessman’s properties earmarked for sale by the state.

The state filed an affidavit to prove that the businessman owned both Anator holdings and the quarry, claiming the official bank statements of Mr. Woyome from the Agricultural Development Bank (adb), shows that Anator Holdings Company was a major beneficiary of the GHc 51 million cedis judgment.


The Supreme Court on July 29, 2014, ordered Woyome to refund GH¢51.2 million to the state on grounds that he got the money out of unconstitutional and invalid contracts between the state and Waterville Holdings Limited in 2006, for the construction of stadia for the 2008 African Cup of Nations.

Woyome went to the International Court of Arbitration to contest the court’s decision after reneging on his promise to the Supreme Court to pay the money by the end of December 2015.

On March 1, 2016, Woyome prayed the court to give him three years to pay back the money but the court declined his request.

The court had in a 2014 review decision, held that the contracts upon which Woyome made and received the claim were in contravention of Article 181 (5) of the 1992 Constitution of Ghana which requires such contracts to be laid before and approved by Parliament.

Source: citinewsroom.com
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