{"id":272935,"date":"2016-11-30T06:00:52","date_gmt":"2016-11-30T06:00:52","guid":{"rendered":"http:\/\/citifmonline.com\/?p=272935"},"modified":"2016-11-30T06:00:52","modified_gmt":"2016-11-30T06:00:52","slug":"bog-to-appear-in-court-over-ghc88-5m-judgement-debt","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/?p=272935","title":{"rendered":"BoG to appear in court over GH\u00a288.5m judgement debt"},"content":{"rendered":"<p>A commercial court is expected to today [Wednesday], hear a case in which the Bank of Ghana is expected to justify why some government accounts <span style=\"color: #666699;\"><a style=\"color: #666699;\" href=\"http:\/\/citibusinessnews.com\/index.php\/2016\/11\/23\/bog-to-appear-in-court-over-ndk-judgment-debt-case-against-govt\/\"><strong>should not be frozen<\/strong><\/a><\/span> to pay off judgement debts in favour of NDK Financial Services.<\/p>\n<p>[contextly_sidebar id=&#8221;s87rI5BlYisH2PitOJWxviflkBiBFkT6&#8243;]An appeals court last week, struck out a stay of execution case after the Attorney General failed to make an appearance in court.<\/p>\n<p><strong>Citi Business News<\/strong> however understands that the Appeals Court on Tuesday [November 29, 2016], granted a motion by the AG\u2019s department to relist stay of execution.<\/p>\n<p>Lawyers for both parties agreed that the motion be taken on December 6.<\/p>\n<p>NDK financial services is in court over the diversion of funds by the Ministry of Energy as payment for a credit facility the company granted Ahaman Enterprise between 2005 and 2009.<\/p>\n<p>Meanwhile a commercial court will on Friday, December 9<sup>th<\/sup> 2016, <strong><span style=\"color: #666699;\"><a style=\"color: #666699;\" href=\"http:\/\/citibusinessnews.com\/index.php\/2016\/11\/28\/ndk-ahaman-energy-ministry-judgment-debt-case-adjourned\/\">hear the case<\/a><\/span><\/strong> against the Principal Accountant and Chief Director of the Ministry of Energy for failing to heed a court order to furnish it with details of accounts of payments made in breach of payment guarantees given to NDK Financial Services.<\/p>\n<p>&#8211;<\/p>\n<p>By: Pius Amihere Eduku\/citibusinessnews.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A commercial court is expected to today [Wednesday], hear a case in which the Bank of Ghana is expected to justify why some government accounts should not be frozen to pay off judgement debts in favour of NDK Financial Services. [contextly_sidebar id=&#8221;s87rI5BlYisH2PitOJWxviflkBiBFkT6&#8243;]An appeals court last week, struck out a stay of execution case after the [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":272936,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[121,32,171,11],"tags":[],"class_list":["post-272935","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking-and-finance","category-business","category-local-economy","category-top-stories"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/272935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=272935"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/272935\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=272935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=272935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=272935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}