{"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\/2016\/11\/bog-to-appear-in-court-over-ghc88-5m-judgement-debt\/","title":{"rendered":"BoG to appear in court over GH\u00a288.5m judgement debt"},"content":{"rendered":"
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<\/strong><\/a><\/span> to pay off judgement debts in favour of NDK Financial Services.<\/p>\n [contextly_sidebar id=”s87rI5BlYisH2PitOJWxviflkBiBFkT6″]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 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 Lawyers for both parties agreed that the motion be taken on December 6.<\/p>\n 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