valuation Archives - Citi 97.3 FM - Relevant Radio. Always https://citifmonline.com/tag/valuation/ Ghana News | Ghana Politics | Ghana Soccer | Ghana Showbiz Mon, 16 Oct 2017 11:23:13 +0000 en-US hourly 1 https://wordpress.org/?v=6.0.8 https://citifmonline.com/wp-content/uploads/2019/05/cropped-CITI-973-FM-32x32.jpg valuation Archives - Citi 97.3 FM - Relevant Radio. Always https://citifmonline.com/tag/valuation/ 32 32 Woyome files motion to stop valuation of his assets https://citifmonline.com/2017/10/woyome-files-motion-to-stop-valuation-of-his-assets/ Mon, 16 Oct 2017 11:23:13 +0000 http://citifmonline.com/?p=362247 Businessman Alfred Agbesi Woyome, has challenged the legality of the valuation of his assets by the state. Mr. Woyome challenged the state by filing a motion at the Supreme Court praying the court to declare the actions illegal and further halt it. [contextly_sidebar id=”NAchgV0jaXMazBjjRmuqpoub0SJAd1xj”]According to lawyers for Mr. Woyome, the order on which the state […]

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Businessman Alfred Agbesi Woyome, has challenged the legality of the valuation of his assets by the state.

Mr. Woyome challenged the state by filing a motion at the Supreme Court praying the court to declare the actions illegal and further halt it.

[contextly_sidebar id=”NAchgV0jaXMazBjjRmuqpoub0SJAd1xj”]According to lawyers for Mr. Woyome, the order on which the state is relying to embark on the valuation process has elapsed and hence cannot be used.

Responding to the arguments by Mr. Woyome, a Deputy Attorney General, Godfred Dame, said the state’s action was based on a new order on the 6th January 2016, far different from the one being referred to by the businessman.

Earlier this month, the government began a valuation of Woyome’s properties in a quest to retrieve the GHs51m wrongfully paid to him.

Some security personnel and officials from the Ghana Valuation Board, were sent to the Trasacco residence of Mr. Woyome to conduct the valuation to build concrete evidence on his ability to pay the debt for his trial.

The case has been adjourned to the 20th of October for a ruling to be delivered.

Meanwhile, Alfred Woyome has filed a new application seeking to stop the ongoing oral examination which is also to be heard on Friday the 20th of October.

Background to saga

Mr. Woyome was paid the GHc 51 million after claiming he helped Ghana raise funds to construct stadia for the hosting of the 2008 African Cup of Nations.
However, an Auditor General’s report released in 2010, held that the amount was paid illegally to him.

Subsequently, the Supreme Court in 2014 ordered Mr. Woyome to pay back the money, after a former Attorney General, Martin Amidu, challenged the legality of the payments.

Following delays in retrieving the money, Supreme Court judges unanimously granted the Attorney-General clearance to execute the court’s judgment, ordering Mr. Woyome to refund the cash to the state.

There had been previous attempts to orally examine Mr. Woyome with Mr. Amidu himself, in 2016, filed an application at the Supreme Court seeking to examine Alfred Woyome, on how he was going to pay back the money, after the Attorney General’s office under the Mahama Administration, led by the former Minister for Justice, Marietta Brew Appiah-Oppong, discontinued a similar application.

In February 2017 however, Mr. Amdu withdrew his suit seeking an oral examination, explaining that the change of government and the assurance by the new Attorney General to retrieve all judgement debts wrongfully paid to individuals, had given him renewed confidence in the system.

By: Fred Djabanor/citifmonline.com/Ghana

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Some E/R Cocoa farmers to lose their farms https://citifmonline.com/2014/05/some-er-cocoa-farmers-to-lose-their-farms/ Tue, 27 May 2014 17:05:13 +0000 http://4cd.e16.myftpupload.com/?p=21081 Cocoa farmers in the Upper West Akyem District in the Eastern Region and its environs face a high risk of losing their livelihood following the sale of their cocoa farms by their chiefs to an investment company. The company is expected to replace the cocoa trees with pineapple and rubber plantations. The farmers to be […]

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Cocoa farmers in the Upper West Akyem District in the Eastern Region and its environs face a high risk of losing their livelihood following the sale of their cocoa farms by their chiefs to an investment company.

The company is expected to replace the cocoa trees with pineapple and rubber plantations.

The farmers to be affected the most are in Abamkrom and Nyanoa Kwaba.

According to them, the directive will render them jobless and affect the future of their children.

The farmers argue the destruction of their cocoa farms amounts to “stabbing them with a dagger in the dark” and will also make them die prematurely.

They called on the District Chief Executive, the Minister of Food and Agriculture and the President to arrest the situation.

Meanwhile, the District Chief Executive for the area, Ohene Asifo Bekoe says the situation is beyond him as the landowners have already sold the land to the investors.

“The case of worry in this investment drive being undertaken by the landowners some of whom are chiefs is, they have sold out these big lands which mostly are cocoa farms and what happens is that, they have to cut down all the cocoa trees for the rubber and pineapple plantation to take place.”

Mr. Asifo Bekoe called for a policy that will stop the situation and called on COCOBOD to intervene as well.

“We need to sit down and talk to the landowners, since they own the land they have the right and the choice to decide what they use the land for. What about the poor peasant farmer? Do we have to cut down all the trees today in place of investment, while the farmer takes home ‘peanut’ in terms of compensation for the cocoa tree?” he asked.

 

By: Afiba Anyanzua Anyanzu/citifmonline.com/Ghana

 

 

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