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Three AMA Properties Auctioned

December 20, 2013 12:23 AM
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They include a 6 bedroom bungalow in which an official of the Assembly resides and which was bought for Ghc780,000; and two other bungalows which went for Ghc725,000 and Ghc750,000.

According to Joy News’ Joseph Opoku-Gakpo, Vans Mart Auctioneers conducted the auctions.

The sale followed notices of auction placed on the properties by an Accra High Court following a 2008 Supreme Court ruling in favour of City and Country Waste Limited (CCWL), a waste management company whose contract was allegedly terminated by the Kufuor administration.

The company is demanding $6,575,928.52 in judgement debt owed it by the AMA.

The AMA had appealed to the government to bail it out and “pay the $6,575,928.52 judgement debt that the AMA owes City and Country Waste Limited on its behalf to enable the assembly to have respite to concentrate on its better Ghana development activities”.

A four-point resolution signed by the Presiding Member of the assembly, Mr Desmond Nii Addo Binney, and Mr Sam Ayeh-Datey, the assembly’s Secretary, stated that, “The AMA accepts that the Republic of Ghana Supreme Court’s 13th February, 2008 ruling which said the AMA should pay the amount owed the CCWL, in addition to interests to be calculated on the interest rate and exchange rate at the time the contract was abrogated until the full amount owed CCWL of $6,575,928.52,” it said.

It further stated that “the AMA, at its current financial standing, did not have the financial capacity and capability to pay the debt it owes the CCWL as per the Supreme Court ruling”.

Deputy Attorney-General (A-G) and Minister for Justice, Dr Dominic Ayine had said that “government is determined to resolve the issue.”

He told the Daily Guide newspaper in November “a court ordered the payment of sums of money due CCWL, but the AMA raised a number of issues regarding its own shares in the company and then also there are certain issues of taxes due to the state that haven’t been taken into account.

“So while the government was making efforts to resolve those issues…the company entered into execution and that is how come they have started levying execution on properties of the Metropolitan Authority,” he explained.

According to the paper, Dr Ayine was hopeful that government would be able to resolve the issue amicably.


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