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AG files process to retrieve Waterville, Isofoton judgment debts

The state has in connection with a judgement secured by the former Attorney General, Martin Amidu, filed a process to retrieve the judgement debts paid to Isofoton SA and Waterville Holdings.

The Supreme Court on 14th June unanimously ruled that Waterville Holdings should refund an amount of €47 million paid to it as judgment debt by the state.

On June 21, the Supreme Court again ruled that Isofoton SA should also refund about $325, 472 that was paid to it as judgement debt.

Citi News’ Umaru Sanda Amadu who was at the High Court confirmed that the Attorney General “has filed the process to the High Court” to enforce the order by the Supreme Court for the retrieval of the monies.

According to him, the process was filed in August “and so the High Court is yet to enforce that order…so that the state will get a refund of the said amount.”
Source: Citifmonline

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