Ghana: Storm Over ¢36 Billion Judgement Debt Payment

THE EXECUTIVE Secretary of the Divestiture Implementation Committee (DIC), Asakkua Agambila, has appealed to the Judgment Debt Commission to invite the Confiscated Assets Committee to help enquire into the over GH¢3.4 million judgment debt obtained by one Nana Emmanuel Woode against the state in 2006.

Nana Woode's companies, Holex Ghana Limited and Priorities Ghana Limited, located at Akim Oda, were reportedly confiscated by the state, and as a result, he proceeded to court to obtain a huge judgment debt. Mr. Agambila maintained that his outfit was not aware of the matter and the judgment, since the confiscation was not done by them, and that the DIC was not consulted before the decision for payment was done.

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