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The Supreme Court has suspended its decision on the ownership of properties worth approximately ¢23 million who, according to the state, belong to the businessman Alfred Woyome.
The state wants to use the properties to pay ¢52 million businessmen must repay to the state after having wrongly paid in 2009.
The Supreme Court maintained its judgment after a request made by business lawyers seeking review of a Supreme Court ruling stating that it could determine whether the disputed property belongs to Woyome or the defunct bank UT .
This decision of the Supreme Court was in December 3, 2018.
The Auditor General had reserved three properties for sale, but the recipients of the defunct UT Bank rushed to court, claiming ownership of the property. Residential settlements located in the Trbadaco Valley and New Accra area.
Deputy Attorney General Lady Godfred Yeboah had claimed that the receivers were in collusion with the businessman to prevent the state from discharging its debt.
He insisted nine months after the bank would have bought the property. The businessman used it as collateral to secure a loan of more than 9 million GH from the bank.
In December 2018, the Benin judge set January 21 as his decision.
Business lawyer Petrina Defia however told the court that a review application was pending and that it was important that the court uphold its decision.
Judge Benin granted the claim, stating that it was consistent with the court's practice to discontinue the proceedings in such cases in order to avoid conflicting judgments on the same issue.
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