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Court endorses sale of three properties of Ex- CEO of Ventures Capital for GHc9.9m

Lawsuit Judge Law Court Decision Sued Gavel 100614064 Large 1024x620 1 This decision follows a motion by State Prosecutors

Tue, 23 Jul 2024 Source: starrfm.com.gh

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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Source: starrfm.com.gh