Impeccable information reaching The Herald suggest that the Italian-born
Ghanaian, and owner of the luxurious Trassaco Estate, is currently stuck in
Italy for fear of been arrested over the Alfred Agbesi Woyome, judgment,
debt scandal, upon arrival in Ghana.
While some said Don Ernesto Taricone fled the country to Europe when the
Woyome issue started brewing as result of his connection to Waterville
Holdings (BVI) and Micheletti, a top official of one of his companies told
The Herald that though his boss is in Italy, he is only there to seek
medical attention.
The official, who called The Herald into a meeting at a location in East
Legon recently, did not specify which health condition sent Don Taricone to
Italy to seek treatment and when he will be back in Ghana.
The officer, however, expressed doubt over Don Taricone’s involvement in
Micheletti, but was emphatic that ex-President John Kufuor and his family
has nothing to do with the plush Villagio Estate Apartment at Airport West
in Dzorwulu, where Mr. Kufuor has his hotel and private residence.
He said there is no documentation to prove the ex-president’s connection to
the Villagio Estate Apartments.
Don Taricone, according to police insiders, is needed to respond to nagging
queries as to whether he, indeed, had a contract with the Government of
Ghana, and, therefore, entitled to the over 38 million Euros payment, which
was started under the Kufuor regime after it unlawfully brought in Shanghai
China Corporation.
There have been claims that Don Ernesto Taricone’s Waterville and
Micheletti companies, which were reportedly awarded part of the
construction of the stadia used for CAN 2008 tournament in Ghana, were not
legally entitled to any monetary compensation as they did not have a
contract with the State.
It was argued that there was no binding contract between the two companies,
which were represented by ex-Ghana Bar Association President, Lawyer Kwame
Tetteh, and the Government of Ghana to warrant the payment of compensation.
The Herald has, meanwhile, gotten access to a phony website on the internet
believed to be for Waterville Holding British Virgin Island (BVI) Limited.
The website www.watervilleh.net does not convey any serious message about a
company which has creamed over 38 millions of Euros from the government of
Ghana.
Some have even suggested that the Waterville Holding (BVI) Limited might
have been cleverly established as a money laundering vehicle by Don
Taricone, and past officials of the Kufuor regime to stash money away in
foreign banks.
Waterville Holding (BVI) Limited at the website did not specify its office
location. It has no telephone directory, and there is also no named officer
to reach in the event of wanting to do business with the company.
It mentioned that in 2004, its total annual turnover reached $ 373.5
million with assets property of over $ 1billion. This interestingly reveals
that the website is not been updated.
A portion, titled organization, has beneath it Board of Directors, Managing
Director, Company Secretary, Treasure, Financing Committee, Technical
Committee and Local Development Committee, but none of these had names
attached to it, thus making it difficult to trace who are the real faces
behind Waterville Holding (BVI) Limited.
It listed agricultural scheme, commercial estate development, residential
estates development, sports and health, energy and tourism as its fields of
operations.
Below are other details extracted from the Waterville Holdings website.
The only way by which Don Taricone is connected to the Waterville is that
some of his companies, namely; Trasacco Estate Development Co. Ltd. and
Royal Aluminium Systems Limited have been listed as partners of the
Waterville.
Rather strikingly, Micheletti and Villagio were not listed as partners to
Waterville Holding Limited. The name Don Taricone was not at the site as
owner or as a director of the company.
Profile
Waterville Holdings (BVI) Ltd offers, directly or through its associated
companies, a wide range of services which include:
Feasibility study, Design and construction, Supply of materials and
equipment, Estate services, Planning, Engineering and Controlling,
Management Consulting, Planning and Development, Financial Support
It also listed its key success factors as the holistic approach to project
implementation. This includes scope, time, cost and quality management. The
motivated team of experts, with high skilled competences and a strong
target oriented attitude.
Vision and Mission
Our vision is to understand the future needs of the developing countries
and to ensure that all the activities reach the highest quality standard
for their benefit.
Our mission is to identify and undertake feasible projects. To generate
opportunities for investments and development through the provision of
capital and management skills and to ensure accurate country development.
Management Team
The Management Team is made of high qualified Entrepreneurs and Managers.
They come from various fields of operations: finance, engineering,
consultancy, university, energy and from different Nations but they all
have the same target: to give the maximum added value for the benefit of
the projects.
Project and Development
ADOM ORCHARD (2005 new Acquisition) Farmland
600 Acres of land dedicated to pineapple cultivation
Empire Builders Ltd Estate Development
456 Acres designated to Residential and Commercial estate development
Sant Agata Agricultural Property Ltd Farmland
52’000 Acres of land dedicated to pineapple, banana, and other agricultural
sheme development
Sant Agata Agricultural Property Ltd Tourism
2’103 Acres of land designated to develop tourism
Links
• www.trasaccovalley.com
• www.mazzispa.it
• www.mondoita.com
• www.iscsrl.it
• www.imeit.it
• www.service-team.ch
Partners // General Contractor
• ALTIPIANO Srl
• BRASILE Srl
• Fossano Futura Srl
• IMEIT Srl
• MAZZI Impresa Generale costruzioni SpA
• Service Team SA
Partners // Factory
• FABI – B.R.M. Ltd
• FABI Ltd
• I.P.C.P. Ltd.
• International Steel Construction Srl
• MONDO S.P.A.
• Royal Aluminium Systems Ltd
• W.A.I.D. Ltd
Other Services
• GULFWING Ltd
• AFTS-American Foreign Trade Services
Contacts
The only means of contact with the company for any information is to
“please send your request to: info@watervilleh.net
More to Come from The Herald
