The High Court in Accra has approved the sale of three properties belonging to former Ventures Capital Trust Fund CEO Daniel Duku for GH¢9.9 million to settle part of his GH¢14 million debt to the state.
This decision follows a motion by State Prosecutors to adjust the previously set higher valuations.
The revised prices are GH¢3 million and GH¢2.9 million for two plots near the Islamic University in East Legon, and GH¢4 million for Georgetown Heights apartments in Kumasi.
Duku, who faced multiple charges, had agreed to restitution, and the court's order aims to expedite the sale of the properties.
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