Woyome to seek international arbitration on judgement debt

Woyome to seek international arbitration on judgement debt

- The Supreme Court dismissed an application by one Abdulai Yusif Fanash Muhammed on Thursday

- Ken Anku told Daily Graphic that his client in the next couple of days would head to the International Chamber of Commerce

- Muhammed was asking the court to declare that the financial engineering claims by Mr Woyome arising out of the tender bid by Vamed Engineering GmbH/Waterville Holdings during the procurement process in June 2005 was unconstitutional

Businessman Alfred Agbesi Woyome, is bracing up to head to the International Chamber of Commerce (ICC) to seek arbitration on the Ghc51.2 judgement that the Supreme Court asked him to refund to the state.

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Speaking to the Daily Graphic, on Thursday after the Supreme Court dismissed an application by one Abdulai Yusif Fanash Muhammed who had filed an application to contest the Supreme Court’s jurisdiction over the case, counsel for Woyome, Ken Anku explained that his client in the next couple of days would head to the International Chamber of Commerce to argue out his case.

Muhammed had prayed the court to declare that the financial engineering claims by Mr Woyome arising out of the tender bid by Vamed Engineering GmbH/Waterville Holdings during the procurement process in June 2005 until its wrongful abrogation in August 2005 was not an international business transaction within the meaning of Article 181 of the 1992 Constitution.

Anku said even though Muhammed’s case would have worked to the benefit of his client, Mr Woyome, was not the one who initiated it contrary to arguments that the suit by Muhammed was instigated by Mr Woyome.

“The action at the Supreme Court was not commenced by Alfred Agbesi Woyome. We were only brought in as defendants and the plaintiff withdrew his action so we also withdraw our action,” he maintained.

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Mr Anku argued that the contracts that were terminated by the erstwhile Kufuor administration was not an international contract as maintained by the Supreme Court.

 “This is not the end of the case,” he said, “My client has always maintained the position that the two contracts that were terminated by Kufuor were not what he went to court to seek for payment.”

It would be recalled that the Supreme Court in July 2014 ordered Mr Woyome to refund GH¢51.2 million to the state on the premise that he got the money out of illegal contracts between the state and Waterville Holdings Limited in 2006 for the construction of stadia for the AFCON 2008.

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