Government targets Woyome's $7.5m wealth

The state has identified five substantial properties supposedly owned by the embattled Alfred Agbesi Woyome estimated at $1.5 million each ($7.5m) that could prove vital in retrieving the GHc51.2 million judgment debt he received from the state.

Deputy Attorney General, Godfred Yeboah Dame, made this disclosure moment after the Supreme Court adjourned hearing of a case in which defunct UT Bank claimed to be the receiver of certain properties of Woyome the State had identified.

The court yesterday was expecting the witness of UT Bank to mount the witness box and give evidence but the witness was not in court.

The court, presided over by Justice A. A Benin however, ordered lawyers of defunct UT Bank to make available their witness next week Monday.

The self-acclaimed financier of the opposition National Democratic Congress (NDC) has so far paid GHC4.6 million of the GHC51.2 million he received from the state through controversial judgement.

According to Controller and Accountant General, Eugene Ofosuhene, the payments were made in two parts.

He made the disclosure in Parliament on Monday, August 13, 2018, during Public Accounts Committee sitting where the 2016 Auditor General’s report on the Consolidated Fund was scrutinised.

Members of Parliament (MPs) on the committee were interested in knowing so far in the collection of the ¢51.2 million debt the NDC financier owed the state.

Mr Woyome was paid ¢51 million for helping Ghana secure funds to construct stadia to host the CAN 2008 Nations Cup but an Auditor General’s report released in 2010 said the amount was paid illegally to him.