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Supreme Court Orders Banks To Empty Woyome's Accounts For The Money To Be Put Towards Settling Judgement Debt

Alfred Woyome
Alfred Woyome

The Supreme Court has ordered the Agricultural Development Bank (ADB) and UT Bank, two institutions patronised by the businessman Alfred Woyome, to empty his accounts for the money to be put to defraying the Ghc 51.2m he owes the state.
The amount stems from a judgement debt he was paid back in 2009, a decision the Supreme Court later reversed, ordering him to pay back the money.
In court, representatives for both banks came forward to give details about the accounts the businessman held with their respective institutions. A multitude of accounts, both local and foreign, held different amounts in the businessman’s name.
The court therefore ordered the monies to be emptied out of the accounts and paid to the state, to defray the cost of the judgement.
“It’s hereby ordered by the court that moneys standing in the accounts of Mr. Alfred Agbesi Woyome be used to pay his judgement debt to the state,” the judgement read, as reported by the state owned daily, The Ghanaian Times.
Here are the details of the monies in the accounts held by Woyome with the two banks as provided in court…
ADB:
1 Account No – 1161010010031401 – GHC966.58
2 Account No – 1161810010031401 – GHC29, 515.95
3 Dollar Account No – 1163030010031401 – US$98.17 cents
4 Dollar Account No – 1163040010031401 – US$32,779.68
5 Euro Account No – 1165030010031401 – €1, 226.72
UT Bank
1 Account – No – 0111206857017 GHC1,008.70
2 Dollar Account – No – 1071206857027 – US$223.08

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