Audio By Carbonatix
The official residence of the Chief Executive of the Accra Metropolitan Assembly, Mr. Alfred Oko Vanderpuije has been auctioned for 850,000 Ghana cedis.
Three other properties belonging to the AMA and located at Ridge in Accra have also been auctioned for a total of 2,255,000 Ghana cedis.
They included a 6 bedroom bungalow in which an official of the Assembly resides and which was bought for GHC780,000; and two other bungalows which went for GHC725,000 and GHC750,000.
According to Joy News' Joseph Opoku-Gakpo, Vans Mart Auctioneers conducted the auctions.
The sale followed notices of auction placed on the properties by an Accra High Court following a 2008 Supreme Court ruling in favour of City and Country Waste Limited (CCWL), a waste management company whose contract was allegedly terminated by the Kufuor administration.
The company is demanding $6,575,928.52 in judgement debt owed it by the AMA.
The notice on the properties issued by the Sheriff’s Office, Fast Track/Automated Court and dated March 3, 2012, read, “Notice is hereby that in pursuance of a decree of the said court date the 13th day of February, 2008…, in the above suit (CCWL vs Accra Metropolitan Assembly), the property of the said defendant, having been seized, in the execution under writ fi.fa, dated 21st day of February, 2012, will be sold by public auction on a date to be issued at 11 a.m. unless the said decree shall be sooner satisfied, to writ.“
The AMA had appealed to the government to bail it out and “pay the $6,575,928.52 judgement debt that the AMA owes City and Country Waste Limited on its behalf to enable the assembly to have respite to concentrate on its better Ghana development activities”.
A four-point resolution signed by the Presiding Member of the assembly, Mr Desmond Nii Addo Binney, and Mr Sam Ayeh-Datey, the assembly’s Secretary, stated that, “The AMA accepts that the Republic of Ghana Supreme Court’s 13th February, 2008 ruling which said the AMA should pay the amount owed the CCWL, in addition to interests to be calculated on the interest rate and exchange rate at the time the contract was abrogated until the full amount owed CCWL of $6,575,928.52,” it said.
It further stated that “the AMA, at its current financial standing, did not have the financial capacity and capability to pay the debt it owes the CCWL as per the Supreme Court ruling”.
Deputy Attorney-General (A-G) and Minister for Justice, Dr Dominic Ayine had said that “government is determined to resolve the issue.”
He told the Daily Guide newspaper in November “a court ordered the payment of sums of money due CCWL but the AMA raised a number of issues regarding its own shares in the company and then also there are certain issues of taxes due to the state that haven’t been taken into account.
“So while the government was making efforts to resolve those issues…the company entered into execution and that is how come they have started levying execution on properties of the Metropolitan Authority”, he explained.
According to the paper, Dr Ayine was, hopeful that government would be able to resolve the issue amicably.
But it appears that has failed leading to Thursday's auction.
Latest Stories
-
Prof. Kwofie urges publishers to use indigenous knowledge systems to decolonise AI
3 hours -
NDC’s two years of economic gains not enough to establish stability – Alan Kyerematen
3 hours -
AFCON 2027Q: Nine new call-up for Cote, The Gambia matches
4 hours -
Ghana’s MSMEs: Burdened by regulation and overtaxed; why the system isn’t working
4 hours -
Patience Akyianu, former Barclays Bank Ghana MD and Hollard Group CEO, reported dead
4 hours -
Mahama pushes ‘health sovereignty’ agenda, says Global South needs control over resources
4 hours -
Mahama: We are reforming systems, fighting corruption and improving use of public funds
4 hours -
Catholic Bishops welcome task force to tackle drug menace, acknowledge inter-agency efforts
4 hours -
Ghana Catholic Bishops demand urgent action against drug trafficking
4 hours -
Tamale: 5 arrested over suspected drug activities; police seize pistols, narcotics
5 hours -
We have lost a great developer – Mankranso residents pay tribute to late DCE
5 hours -
Ghana Law Society sets September 30 for maiden Bar Conference on legal reforms
5 hours -
GPL Week 3: Port City’s Gyetuah bags a brace as 9 outstanding players named NASCO Players of the Match
5 hours -
Visibility without substance is just noise; I don’t seek popularity—Dr Oppong-Fosu
5 hours -
The late Abubakar Sedik was an exceptional DCE – Ashanti Regional Minister
6 hours