Wednesday, 17 April

2017-2022: Judgment debts swallow ¢300m

Business
President Nana Akufo-Addo (L) with his cousin, former Finance Minister Ken Ofori-Atta

More than GH¢300 million has been paid by the Akufo-Addo government as judgment debt between 2017 and 2022, the Ministry of Finance has revealed in response to a Right to Information (RTI) request.

The ministry disclosed in a letter dated August 2023 that GH¢300,385,317.52 was disbursed during this period as judgment debt to various individuals, companies and entities.

See the list below:

2017:

Albert Osei - GH¢279,412.83

Daniel Nii Quartey and John Addai - GH¢35,300

Madam Martha Wood - GH¢306,800

NDK Financial Services Limited - GH¢29,510,855.06

NDK Financial Services Limited - GH¢20,000,000

Moses K. Yeboah - GH¢157,596.91

Asmona Limited - GH¢2,400,000

Yaw Eliasu & 57 Others - GH¢502,025.61

Vacuum Salt Products Limited - GH¢57,202,751

2018:

M/S Jubilee Tractors and Assembly Plant Ltd - GH¢30,912,310.44

Benjamin Osei Afeng - GH¢26,568

Francis Donkor - GH¢23,775

W.O.1 (Rtd) Adjei Boadi - GH¢92,373

Ex-Workers of the SFC - GH¢891,002.50

Richard Peprah - GH¢290,000

Stephen Arthur - GH¢800,000

J.W.K. Asigbe & 22 Others - GH¢2,134,757.28

Felix Kwame Ferka - GH¢49,541

NDK Financial Services - GH¢50,000,000

Balkan Energy Limited - GH¢67,023,490.17

M/S Electrical Engineering - GH¢850,000

2019:

First Love Church - GH¢136,500

Benedicta Tamakloe - GH¢2,550

Nana Yaw Agyei - GH¢1,020

Mr. & Mrs. George Williams - GH¢7,142.55

Chude Mba - GH¢3,771,957.26

Madam Theresa Tinkorang - GH¢3,510,000

State Housing Company Ltd - GH¢143,677

Samuel Adumoah Okwei and 2 Others - GH¢808,169.81

Ideal Finance Limited - GH¢5,412,279.60

Nana Namoakah Arizie III - GH¢176,500

The RTI request was made by JoyNews.

Just on Tuesday, 27 February 2024, President Nana Akufo-Addo said the office of the Attorney General saved Ghana GH¢10 trillion in judgment debts.

In his last State of the Nation Address to Parliament, Mr Akufo-Addo said: "The Attorney General has continued, in a very effective manner, the tradition under this administration of contesting every civil litigation against the state, and has avoided the numerous judgment debts that used to be given against the state".

"The Office, as a result, has saved the country over ten trillion Ghana cedis (GH¢10 trillion)", he announced.

Source: ClassFMonline.com