Woyome Defends GH¢51.2m Judgement Debt Payment

Alfred Agbesi WoyomeBusinessman, Alfred Agbesi Woyome, yesterday told the Financial Division Two Court that there was nothing fraudulent about the GH¢51.2 million judgement debt paid to him by the state.

He explained that a competent court of jurisdiction entered a consent judgment in his favour which was accepted by the Attorney-General who directed that it should be paid.

Woyome, who was answering questions during cross examination by state prosecutors, is standing trial for false representation, claiming the government owed him two per cent of 1,106,470,587.49 Euros for services rendered in financial engineering for the rehabilitation of the Kumasi, Accra and El-Wak stadia.

The accused is also claiming that he secured funds for the construction of the Tamale and Sekondi-Takoradi stadia, ahead of the African Cup of Nations, (CAN 2008)

When it was suggested to the accused by state prosecutors that the Chief Director of the Ministry of Finance and Economic Planning wrote to the Attorney- General that the said amount was illegally acquired, hence the court action, he denied and explained that the Attorney- General’s decision to challenge the payment in court did not mean it was illegally paid to him.

Another suggestion to the accused by Matthew Amponsah, a Chief State Attorney, that he was never engaged as an entity to undertake the projects, he disagreed and explained that the then Deputy Minister of Finance and Economic Planning, Kweku Agyeman-Manu, per a letter, conferred on him as an entity to engage in financial engineering services for the projects.

In an answer to how he got involved with M-Power Pak Limited, the accused indicated that he was made an Alternate Director of the company which was a Ghanaian registered company, which compelled him to sign the evidence and certificate of tender on behalf of Vameed Engineering and M-Power Pak, which contained the entire cost of the projects.

Woyome disagreed to Mr. Amponsah’s assertion that the company did not exist in Ghana and if it existed it was fraudulently registered.

He maintained that the company was not legally registered and blamed the police for not conducting thorough investigations.

The accused said Waterville and Vameed contracted him to open offices in Europe and the United States.

The Fast Track High Court presided over by Justice John Ajet-Nassam, adjourned proceedings to July 24.

Woyome has been charged with defrauding by false pretence and two counts of willfully causing financial loss to the state.

The accused has further been charged with ‘willfully and fraudulently causing a huge financial loss’ of GHc51, 283,480.49 to the state, between September 2010 and September 2011.

He has since June 5, 2012, denied the charges.

By Winston Tamakloe

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