Home News I Don’t Owe Fidelity Bank….Ghana Height CEO Sets Record Straight

I Don’t Owe Fidelity Bank….Ghana Height CEO Sets Record Straight

12 min read


Kwabena Adu Koranteng

The Chief Executive Officer of Ghana Height company, Akwasi Boakye Osei , has debunked  statements that he owes Fidelity Bank  huge sums of money in a form of loan .

In a press statement issued yesterday, Mr Boakye stated that he does not owe Fidelity Bank any money as claimed.

“I, Akwasi Boakye Osei, Landlord of Adwoa Adjeiwaa Building and CEO of Ghana Heights Limited wishes to state emphatically on record to the general public that myself or my Company Ghana Heights Limited does not owe Fidelity Bank any money in Loan Facilities as falsely alleged by Fidelity’s in-house Counsel Maataa Opare’s False Publication in the Crusading Guide Newspaper today Tuesday April 3, 2017’.

“If Fidelity Bank and its Board of Directors and their co-conspirators collectively believe that I  and my Company Ghana Heights Limited owes Fidelity Bank, I am daring Fidelity Bank and its Board of Directors to bring out all of the Originals of Fidelity’s Medium-Term Loan Agreements with dates 18 September, 2007 and 9 October, 2012 for Official Public Inspection.  Fidelity should also bring out originals of Tenancy Agreement for the duration of lease term from 1 February, 2013 to 31 January, 2018 and originals of Withholding Tax Receipts and Certificates” the statement noted.

” I, Akwasi Boakye Osei wishes to state on record that I have on March 4, 2017, September 4, 2017, etc, produced all the material evidence to President Nana Addo Dankwa Akufo-Addo’s Office showing and exposing Fidelity Bank and its Board of Directors that I and my Company Ghana Heights Limited do not owe Fidelity Bank any money in Loan Facilities”. The statement stressed.

“It is rather Fidelity Bank that owes Landlord of Adwoa Adjeiwaa Building rent overdue of over GHC4, 048,121.46 excluding interest and penalty till date of final payment. Fidelity Bank has also NOT paid over One Million Ghana Cedis due Ghana Revenue Authority to date”.” I wish to state for the record that, I, Akwasi B. Osei have not executed any MEDIUM-TERM LOAN AGREEMENTS with Fidelity Bank.

 Based on above, the Bank filed a Court Action with Suit No. GJ 25/2017 dated January 11, 2017, deliberately and fraudulently to hide behind Ghana Judicial System to prevent Fidelity Bank and its Board of Directors and their co-conspirators from being investigated by Ghanaian Authorities and the Media Outlets”.

“Fidelity Bank and its Board of Directors and their Counsels have NOT served any Ghana Court Writ of Defamation on my Uncle Mr. Isaac Acheampong, and copies have also NOT been served on me in New York City, USA  Again, pursuant to 1951 United Nations Convention and Protocols and UN Resolutions adopted by the General Assembly on March 21, 2006 relating to Asylees and Refugees, Ghana Judicial Service do not have Jurisdiction over my Person, my Family, my Businesses and Companies and Assets”.

“Accordingly, any Ghana Court Action for or against my person, my family, my businesses and companies and assets are all fraudulent. Please see attached file of UN Resolution adopted by the General Assembly on March 21, 2006”

“ Huawei Technologies Company Limited owes me Landlord of Adwoa Adjeiwaa Building overdue rent of over US$5 Million, excluding interest, penalty and damages till date of final payment  Mr. Isaac Acheampong and I, Akwasi B. Osei are requesting that Government of Ghana and the Presidency to  investigate all the perpetrators involved in this Transnational Organized Crime in Ghana as mandated by United Nations International / Resolution adopted by the General Assembly on March 21, 2006”.

“Respectfully, I, Akwasi B. Osei for and on behalf of my Family, my Businesses, my Companies and Assets and the Private Sector do hereby request that His Excellency, President Nana Addo and its Government, Bank of Ghana, the Security Agencies and the Media Outlets should collectively collaborate to investigate and bring all these perpetrators to face  the full rigors  of the laws of the Republic of Ghana and United Nations International laws enacted against abusers of Human Rights and Corrupt Officials and Individuals involved in this Transnational Organized Crime in Ghana, so that all Ghanaians and Foreign Nationals would lawfully and peacefully enjoy and be protected by the laws of the Republic of Ghana regardless of whether or not you are part of the establishment and/or a member of the Freemason Lodge Brotherhood in Ghana”.


“Our attention has been drawn to some publications and/or documents circulating in the media with respect to allegations by one Akwasi Boakye Osei against Fidelity Bank Ghana Limited”.

“In the said publications and/or related documents, Akwasi Boakye Osei alleges, among others, that Fidelity Bank is indebted to him for unpaid rent in respect of Fidelity Bank’s tenancy of the Adwoa Adjeiwa building”.

We categorically state that the information contained in the publications and/or documents’ being circulated by Akwasi Boakye Osei is false, misleading and total fabrication.

Fidelity Bank was a tenant in the Adwoa Adjeiwaa building from the 1st of February, 2008 until the 31st of January, 2008 when the Bank, after opting not to renew its tendency, vacated the building on its own accord and handed over the premises upon the expiry of its tenancy. During the period of its tenancy of the Adwoa Adjeiwaa building till date, Fidelity Bank has never been indebted and is not in any way indebted to Akwasi Boakye Osei or Ghana Heights Limited, which company was the Bank’s landlord.

The allegations by Akwesi Bokye Osei against Fidelity Bank are frivolous, vexatious, devoid of any iota of truth and are actuated by malice deliberately to tarnish the hard-won reputation of the Bank as well as its Board and management.

Contrary to the spurious and unfounded allegations by Akwasi Boakye Osei, it is rather Akwasi Boakye Osei and Ghana Heights Limited that jointly owe Fidelity Bank money arising out of a Loan Facility that Ghana Heights Limited and Akwasi Boakye Osei for recovery of the debt owing and due the Bank.

The Bank has further brought the malicious publications and documents to the attention of its solicitors who will take all necessary legal steps to assert the rights of the Bank against all persons found to be behind these defamatory publications and/or documents.

From the foregoing, we entreat all persons and entities who are in receipt of these defamatory publications and/or documents to desist from giving it any regard and rather treat same with the contempt that it deserves.

We believe the rule of law at the end of the day will vindicate the rights of the Bank and bring closure to these matters.

The Bank has filed a write of defamation against Akwasi Boakye and Isaac Acheampong. We have submitted evidence and we expect them to also do same the first write was filed on 2nd February 2018 and the Second Filed   this morning by our lawyers Kulendi at Law. Fidelity is very clear. We are following the rule of law. The allegations are falls and misleading”, stated Maataa Opare, head of legal, Fidelity Bank.


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