The woes of the presidential hopeful and leader of the United Progressive Party (UPP), Mr Akwasi Addai Odike, have been deepened after his own party members sacked him from the party he formed and the vehicles given him by some friends in the National Democratic Congress (NDC) were snatched from him in the full glare of the media.
To make matters worse, officials from the Kumasi High Court early Monday morning posted fieri facias notices on his two shops at Adum and his residence at TUC, near Dakodwom, both in Kumasi.
He is to pay GH¢404,458 to Mr Solomon Autel, to whom he had sold the house. This action follows Odike’s inability to refund over GH¢220,000, being the cost of the house he sold to a Kumasi businessman.
After the transaction, it was found out that he had already used the house as collateral for a loan at ECOBANK whose payment he had defaulted.
A fieri facias
A fieri facias, usually abbreviated to fi. fa. (Latin for that you cause to be made), is a writ of execution after judgement obtained in a legal action for debt or damages for the Sheriff to levy on goods of the judgement debtor.
The term is used in English law for such a writ issued in the High Court.
A visit to Adum and Alabar by The Mirrior team indicated that Odike’s two shops had been locked up, while the house at TUC had been attached with court documents.
But the attachment notices on the shop at Adum and the houses have been removed but the one at Alabar is still there.
Odike
When reached for his comments, Odike initially denied the existence of such a court order and poured invectives on this reporter for being an agent of his political detractors.
He later stated that he, as a person, was different and separate legal entity from his business and should be treated as such.
He denied using the sold house as collateral for any loan and insisted that the person who bought the house was living in it.
Entry of Judgement
An Entry of Judgement under the signature of the Registrar of the High Court, Commercial Division of Kumasi, dated March 17, 2016 spelt out what Mr Odike must pay to the Mr Solomon.
“This action having come on the 17th March, 2016 for summary judgement and after determination of same entered summary judgement against the defendants/judgement/debtors for the sum of four hundred and four thousand and fifty eight Ghana cedis (GH¢404,548) awarded in favour of the plaintiff/judgment/ creditors.
“It is this day adjudged that the plaintiff/judgement/creditor to recover from the defendants/judgement/debtors as follows:
Judgement debt, GH¢220,000; interest from July 2014 to March 2016, GH¢76,572; judgement, GH¢80,000; interest from July 2014 to March 2016, GH¢27,866, and costs of GH¢3,000.
“All these add up to GH¢404, 458,” it said.
Call for settlement
Lawyers for Odike have written to Mr Autel to help him with GH¢20,000 to settle his indebtedness with ECOBANk and retrieve the documents of the building and give them to him.
“My client has agreed to recover and deliver to your client documents covering the property in dispute from ECOBANK Limited and also wishes to accept the offer of financial assistance of GH¢20,000 made by your client at the pre-trial conference to enable him to settle his indebtedness to ECOBANK Ltd,” it stated.
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