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Woyome heads to ICC

Businessman Alfred Agbesi Woyome has petitioned the International Court of Arbitration of the International Chamber of Commerce (ICC) over the GH51.2 million judgment debt paid to him by the past National Democratic Congress (NDC) government.

The Supreme Court has ordered Mr Woyome to refund GHS51.2 million to the state.
The court stated that Mr Woyome got the money out of an invalid contract between the state and Waterville Holdings Limited in 2006 for the construction of stadia for CAN 2008.

But the outgone National Democratic Congress (NDC) government was not able to retrieve the money from the businessman before leaving office.

Woyome has, however, refunded GH¢4 million to state coffers, representing part payment of the GH¢51.2 million he owes the state

He has subsequently promised to pay the outstanding balance by quarterly instalments of GH¢5 million, commencing April 1, 2017.

But checks show that no payment has been made as of now.
Mr Woyome, who appears not to be satisfied with the ruling by the Supreme Court, has headed to the international body to determine the case.
Below is the petition:

Written by Web Master

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