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I will repay Ghana the GHc51m debt within 2 months if Government Unfreeze my shares – Woyome to Gov’t

Ghanaian Businessman Alfred Agbesi Woyome is out again with a statement on how he could repay his GHc51 judgement debt within two months if the government releases his frozen shares.

The embattled business tycoon said he has shares in some 14 companies, but all have been frozen by the state.

Mr Woyome Speaking on Citi TV’s Face to Face expressed his confidence in repaying the debt, should the state release his shares in all his business ventures.

“Let the government release the shares of my company and probably within two months that money will be paid,” he said.

“I went to the Flagstaff House to meet the Personal Assistant to the Chief of Staff so that the Attorney General [will meet me and] and release shares of my company so that I can pay this money [GHS 51 million] although I have not stopped the state from going after the matter.”

Mr Woyome, who was a financier of the National Democratic Congress (NDC), has been involved in a legal tussle with the government since 2013.

This came after he was charged with conspiracy, defrauding by false pretence and corrupting a public officer, in relation to the construction of stadia for the 2008 Africa Cup of Nations.

While the businessman was initially awarded the default judgment, the Supreme Court later ordered him to refund all monies wrongfully paid him in the form of the judgment debt.

Meanwhile, the state has since secured an order from the court to sell Woyome’s properties, should he fail to find the money to defray the debt.

The embattled businessman said his frozen accounts mean that “the churches and sometimes the mosque feed me”.



Maxwell Agbenyefia Kumah, known in showbiz as Maxtyme is a Ghanaian celebrity blogger, freelance journalist, and a publicist . He founded, an online platform that provides quality Public relations, Promotion, Publication, Digital marketing,Content management and communication services to clients with the focus on making their brands more attractive and visible to their target audience at all levels. An entertainment website and blog page that solely publishes authentic news about Ghanaian celebrities and other related lifestyle news,music,arts etc. He graduated from DataLink University College in Tema with a bachelor's degree in Banking and finance, then continued to study at Celebrity School of Radio and Journalism to be a freelance journalist, Presenter,a Production manager etc

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