BUSINESS

Evidence in Receiver’s document intends to deprive the State of retrieving Woyome’s debt-Mr. Yeboah Dame


The Deputy Attorney General, Mr. Godfred Yeboah Dame, who is representing the State in the judgment debt case against businessman Mr. Alfred Agbesi Woyome, said he thoroughly examined the documents presented by the Receiver and realised the evidence in the said document is intentioned to deprive the state an opportunity of retrieving the judgement debt.

In an interview with Newslinegh.com, the Deputy Attorney General revealed that the dates of the transactions of the said properties from the documents, were engaged in anticipation of the judgement against Mr. Alfred Woyome.

“If you look at the document filed by UTbank, it is ridiculous.
UTbank claims to have bought a property from them in 2013, but on record is evidence of a loan that Woyome had allegedly taken from UTbank in 2014, and Woyome had used the same property that he had allegedly sold to UTbank in 2013, as collateral for the said loan”. Mr. Yeboah Dame Disclosed.

According to Mr. Yeboah Dame, his confidence in retrieving the judgment debt has been boosted, regarding the process filed by defunct UTbank.

“Per what is stated in the documents presented to the Court by UTbank, each of the properties is valued at about 1.5 million dollars, so we can realise some substantial part of the debt”. He concluded.

So far the State has been able to recover 4 million Ghana Cedis, out of the 51.2 million Ghana Cedis judgement debt.

Source: http://www.newslinegh.com

 

Exclusively Newslinegh

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