Court finally sells Woyome's 2 Trassaco Valley estate mansions at GH¢13.58m
- Alfred Agbesi Woyome at Trassaco Valley estate, have finally been sold
- It was sold at GH¢13.58m to offset some of his debts to the state
- The houses were sold at a public auction and were bought by the National Security Council on September 11, 2020
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The two properties belonging to Ghanaian businessman, Alfred Agbesi Woyome at Trassaco Valley estate, have finally been sold.
An amount of GH¢13,850,000 was realised from the sale of the two luxury mansions which were located on Ghanaians most expensive residential estates.
The money raised from the sale of two properties would be used to settle part of the GH¢51.2 million he is currently owing the state.
Source: UGC
According to a report filed by Ghanaweb.com, an auction document shows that the first mansion on plot No. 259 Trassaco Valley Phase II was auctioned for GH¢5, 500,000
The other house which had more value, on plot No.260 was sold for GH¢8,350,000.
The report indicated that the houses were sold at a public auction and were bought by the National Security Council on September 11, 2020.
This follows a court order by the Supreme Court for Woyome to refund the money he took as judgment debt from government.
The Ministry for National Security proposed that some of Woyome’s properties on auction be transferred to the state to offset the GH¢51.2 million
The Supreme Court in July directed the state to mobilize funds to purchase four properties belonging to Woyome in fulfillment of the court order that the properties to be sold to defray the debt.
YEN.com.gh earlier report sadly revealed that he had to resort to representing himself in court as he did on Tuesday, October 13, 2020.
According to him, no lawyer wants to represent him in court to argue his case against the auctioning of his properties meant to offset the GH¢46 million he owes the state.
When asked by the Chief Justice why he (Woyome) was not represented by a lawyer, Woyome answered that he had difficulties in engaging the services of a lawyer because “they all felt humiliated in the case”.
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Source: YEN.com.gh
