The International Court of Arbitration of the International Chamber of Commerce (ICC) has dismissed a petition by Ghanaian businessman Alfred Agbesi Woyome over the controversial GHC51.2 million debt owed the State. A cost of 5,000 dollars has been awarded against Mr Woyome who was seeking to defend the judgement paid to him by the State. … Read more
An Accra High Court has dismissed a stay application by the International Finance Corporation (IFC) and the OPEC Fund to have suit brought against them by Quantum Oil moved to London for arbitration. The court which hears commercial cases held the view that the suit could continue to be heard here in Ghana without any … Read more
Antoine Griezmann says he will stay at Atletico Madrid next season as it would be a “dirty move” to leave the club after their transfer ban was upheld. The 26-year-old forward had been linked with a move to Manchester United, before their interest in him cooled. Atletico’s appeal against a transfer ban for breaching Fifa … Read more
International Finance Corporation (IFC), the private lending arm of the World Bank Group, has dragged indigenous Ghanaian company Quantum Oil Terminals Limited to a London High Court to restrain the Ghanaian company from litigating against IFC and OPEC Fund for International Development (OFID) in any court in Ghana in relation to a law suit against … Read more
Dr. J. B, Danquah did not fold his arms about matters he thought required correction by President Kwame Nkrumah as evidenced by a number of letters he wrote to him. These letters did not however helped matters as they appeared to have unnerved an already suspicious President who went ahead to have him arrested and … Read more
Having made all other possible attempts to get himself acquitted of the unfavourable court rulings in Ghana, Woyome petitions ICC as his last and final hope for exoneration… Popular Ghanaian bussinessman, Alfred Agbesi Woyome has petitioned the International Court of Arbitration of the International Chamber of Commerce (ICC), to arbitrate in the controversial GHc51.2 million … Read more
Alfred Woyome has petitioned the International Court of Arbitration of the International Chamber of Commerce (ICC) over the controversial GH51.2 million judgment debt he received from the state. A correspondence between the embattled businessman and the ICC reveals the International Court of Arbitration received the petition on March 20, 2017. The case, titled “Alfred Agbesi … Read more
The International Court of Arbitration has acknowledged receipt of a request from embattled Ghanaian businessman Alfred Agbesi Woyome to arbitrate in the controversial GHC51 million judgement debt scandal . Mr. Agbesi escaped jail term in 2015 after the Fast Track High Court acquitted and discharged him on two counts of defrauding by false pretense and … Read more
Businessman Alfred Agbesi Woyome has petitioned the International Court of Arbitration of the International Chamber of Commerce (ICC), over the GHC51.2 million judgment debt paid to him by the past National Democratic Congress (NDC) government which the Supreme Court has ordered him to refund to the state. The apex court ruled that he got the … Read more
Alternative Dispute Resolution (ADR) is the best way to resolve the various chieftaincy and land disputes bedevilling the country, an ADR expert, Mr Austin A. Gamey, has stated. Most of the chieftaincy and land disputes, he said, had travelled up the court ladder without any lasting solution. “No matter the effectiveness of the court system, … Read more
Real Madrid have had their two-window transfer ban reduced to one by the Court of Arbitration for Sport, the club have announced. The La Liga giants will be prevented from bringing in fresh faces during the upcoming January window, but will be free to add again from next summer. A statement released on the club’s … Read more
Christine Lagarde is taking time off her day job tackling the world’s financial crises to face trial on Monday for her role in a $425 million state payout to a French tycoon in 2008. The well-respected, silver-haired head of the International Monetary Fund denies wrongdoing in the case, which dates to her time in the … Read more