BUSINESS NEWS

Absence of the Receiver compels Supreme Court to adjourn Woyome’s Case


The Supreme Court was compelled to adjourn the judgement debt case involving business man, Mr. Alfred Agbesi Woyome, due to the absence of the Receiver of defunct UTbank.

The Supreme Court at the last adjourned date ordered the filing of documents in substantiation of the case by UTbank that they own five properties that were owned by Woyome: two Trassaco properties, one at Kpehe, Newtown, a quarry at Volta Region, and an East Legon residence, and the State respond to it.

The Court presided over by His Lordship Justice Anthony Alfred Benin, also ordered the Receiver, Price Waterhouse Coopers, to come along with their witness for cross examination, but Counsel for the Receiver said that he was not aware of the order and sought for an adjournment, claiming that his witness was out of jurisdiction.

The Court presided by has adjourned the case to Monday, 22nd October, 2018.

The Court has decided to hear the case every Monday for speedy proceedings.

Source: http://www.newslinegh.com

 

Exclusively Newslinegh

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