Audio By Carbonatix
The Court of Appeal has by unanimous decision ordered that accounts belonging to businessman Alfred Woyome be released to him.
The court ruled that he is entitled to access all of his accounts except for those with the Agricultural Development Bank (ADB).
The Economic and Organised Crimes Office froze Mr Woyome’s accounts following allegations that he defrauded the state through false pretense in a controversial GH¢51 million judgment debt scandal that rocked the country in early 2011.
He was hauled to court but his hearing has been beset by numerous adjournments after prosecution repeatedly failed to produce witnesses.
Joy News' Anny Osabutey reported on Thursday that the Appeals Court nullified the fraud office’s decision.
However, Woyome’s accounts at the ADB remain frozen because these are the accounts through which the GH¢51 million transaction was processed.
He is reportedly pleased with the court's decision, telling Osabutey that he can now do business for the first time since his embarrassing arrest and the freezing of all his accounts.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Relieve Ato Forson of Defence role to protect fiscal discipline – Franklin Cudjoe to Mahama
17 minutes -
Ghana at a ‘critical crossroads’, must mentor youth in integrity – Duffuor
1 hour -
Foreign Affairs Minister completes rollout of Passport Application Centres in all regional capitals
2 hours -
Deputy Foreign Affairs Minister commissions Passport Application Centre in Goaso
2 hours -
Choose people and planet over war – UN Secretary-General’s New Year message to world leaders
2 hours -
Police nab suspect over foiled gold robbery plot at Manso Abrense
2 hours -
Philadelphia Church camp meeting causes massive gridlock on Accra-Kumasi Highway
3 hours -
“Truth with danger saves generations” — Dr Duffuor urges integrity-led renewal in New Year message
3 hours -
Gold boosts Cedi to shatter 30-year losing streak
3 hours -
Zelensky says peace deal is 90% ready in New Year address
4 hours -
Fireworks, faith, and flashlight vigils usher in 2026 across Ghana
5 hours -
Mahama calls for prosperity, peace and progress in New Year Message
7 hours -
Côte d’Ivoire stun Gabon with last-minute 3–2 thriller to top Group F
8 hours -
Ho zongo community slams REGSEC over two-week mosque closure
9 hours -
AFCON Round of 16: Senegal, DR Congo win big to advance
9 hours
