Kenpong Travel and Tours dismisses liquidation petition reports

Kenpong Travel and Tours Limited has strongly pushed back against reports that First Atlantic Bank is moving to wind up the company over an alleged GH¢2.5 million debt, describing the action as premature and damaging to its reputation.

In a detailed response issued through its lawyers, Zoe, Akyea & Co., and signed by politician and lawyer Samuel Atta Akyea, the company insists it has not been served with any winding-up petition reportedly filed by First Atlantic Bank on May 4, 2026.

The company said it only became aware of the alleged petition through media publications, which it claims were already circulating publicly before any formal service was effected.

According to Kenpong Travel, the situation raises concerns about legal procedure and fairness. The company questioned why a serious legal filing would appear in the public domain without the respondent being formally served.

Its lawyers described the development as a “foul publication” and suggested it may have been calculated to harm the company’s business, especially at a time when it is engaged in providing travel-related services linked to the ongoing FIFA World Cup activities.

Kenpong Travel further outlined the long-running legal dispute between the two parties.

It noted that First Atlantic Bank secured a summary judgment on August 15, 2022, against the company and others, claiming the GH¢2.5 million debt.

However, the company said it immediately filed an appeal on September 27, 2022, challenging both the judgment and the amount awarded.

According to the statement, the appeal process has progressed significantly, with the record of appeal completed in April 2026 and written submissions exchanged between both parties in May and June 2026.

The Court of Appeal has not yet heard the case.

Kenpong argued that since the appeal is still pending, the legitimacy of the debt remains unresolved, making any winding-up attempt inappropriate at this stage.

The company went further to suggest that the reported winding-up application may have been filed in bad faith, given the possibility that the Court of Appeal could overturn the original High Court judgment.

It also accused the publication of the alleged petition of withholding key context and presenting a distorted picture of the dispute, which it says could harm its commercial standing.

Kenpong Travel also revealed that it has taken legal action against First Atlantic Bank over what it describes as the bank’s refusal to release its account statements.

The company argues that this refusal breaches Section 58 of the Borrowers and Lenders Act, 2020 (Act 1052), which requires banks to provide customers with account statements within five days of a request.

The suit, filed at the High Court in Accra under case number GJ/1131/2025, also names the Bank of Ghana as the second defendant. The company accuses the central bank of failing in its supervisory role in relation to the matter.

Kenpong’s legal team, Zoe, Akyea & Co., maintained that the winding-up petition is “bankrupt” in legal effect, arguing that it should not stand while the underlying debt remains subject to appeal.

They also indicated that the company is considering further legal steps in response to what it describes as a malicious publication based on an unserved petition.





AK/BAI