The court is of the view that the claim by UT Bank that Woyome sold two houses at Trassaco Estate to the bank was a sham.
According to reports that the court further held that Woyome’s quarry was not used as collateral as claimed by Woyome and the bank.
Assets to be sold include: two houses at trassaco Estate, a house at Kpehe, a stone quarry, plants and equipment at the stone quarry.
According to the Deputy Attorney-General, Mr Godfred Yeboah Dame, the value to be realised from the sale is GH¢20 million.
