The family of the late Paul Adutwum has petitioned President Nana Addo Dankwa Akufo-Addo over failed attempts to retrieve an amount of US$40 million from the Guinea government since the late 1980s.
The late Adutwum, who, after almost 30 years of fighting successive Guinea Heads of State for the release of his assets, died in the year 2017.
The surviving family of the late Adutwum indicated in the petition that their father’s funds had got locked up in Guinea because he went there as a manager of the Citizens Investment Company, with the aim of finding investment partners around the world for African countries.
In the petition signed by one of his children, Jacqueline Adutwum, she indicated that the late Adutwum managed to secure a contract with the Technicks Group Cooperation to renovate the Almany Samory Toure Military Camp in October 1986.
She said her father, through hard and vigorous work, made his mark to achieve the amount, but “after several years of battling the Guinean heads of states at the various stages of the Guinean courts, the Supreme Court of Guinea finally ruled in his favour, declaring that Paul Adutwum deserved to have access to his hard earned money at the Bank of Guinea, and ordered the government, the bank of Guinea, and all the security services to ensure that the money is paid to him.”
One impressing issue that has compelled the family to petition the Ghana government was that an official appointed to manage Paul Adutwum’s bank account was alleged to have withdrawn a sum of US$267,103 to buy a house, and shared the rest of the money among his accomplices.
The said official, Mamadou Sangare, was reported and arrested as a result, and later died in prison without releasing the asset back to the late Adutwum.
“Strangely, the military junta also seized the remaining amount in the account. From trial to trial, Paul Adutwum was taken to all types of courts in Conakry, Guinea. After many years of battling it out with the government of Guinea, the Supreme Court of Guinea, through Judgment number 19 of December 2013, with all the chamber members in attendance, together decided to definitely settle the case in favour of Mr Paul B.Y. Adutwum, after 22 years of judiciary proceedings,” she added.
She stated that prior to his death, the late Adutwum authorised one Ernest Cosmos Abem, a Consul at the Ghana Embassy in Guinea, to be in charge and ensure that he received the money on his behalf for the family, but his whereabouts cannot be traced.
Ms Adutwum pleaded with the President, because the family is currently in hardship, since her father used all he had to fight the case before his death.
The post Prez Akufo-Addo petitioned over $40m locked up asset in Guinea appeared first on The Chronicle Online.
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