More News News Reviews High Court Orders For Seizure Of Achimota Voltic Warehouse By admin Posted on 2 weeks ago 4 min read 0 0 192 Share on Facebook Share on Twitter Share on Google+ Share on Reddit Share on Pinterest Share on Linkedin Share on Tumblr An Accra High, Financial Division 1, has ordered the seizure and preservation of a warehouse at Achimota near the Neoplan Assembling Plant, which stood in the name of Stephen Poku-Gyimah, son of the former Managing Director of National Investment Bank (NIB), Daniel Gyimah. The order followed a plea that was put in by the Republic (Applicant) after Eland International Ghana filed a complaint at the Police Headquarters of its missing asset. The court having read the Affidavit of Detective Inspector Godwin Kponyo of the Intelligence Unit of the Criminal Investigations Department (CID), Headquarters, Accra for the Applicant which was filed on October 22, 2019, in support of Motion Exparte for an order for the preservation of a warehouse and upon hearing the submissions of ACP Baffour Appenteng, Counsel for the Applicant, directed that “It is hereby ordered that the warehouse at Achimota on the Okulley Street with Digital Address number GE-373-9223 near the Neoplan Assembling Plant in the name of the respondent be seized and preserved forthwith”. Stephen Gyimah, according to persons familiar with the case, was employed by Eland International Ghana in 2007 as a Business Development Officer whose responsibility was only to look for new business opportunities for the company immediately after his education in the United Kingdom. He is alleged to have illegally and or without any authorization, promoted himself to the rank of Country Director. He is further alleged to have made himself a signatory to Eland International’s accounts with NIB with the alleged assistance of his father who was then the Managing Director of the Bank. During the said period, Stephen Gyimah is alleged to have made withdrawals worth about US$3million without any authorization from his superiors. He is further alleged to have removed all the stocks from the company’s warehouse without any permission from his superiors. Mr. Gyimah is also alleged to have taken some monies from Eland International’s bank account for the construction of a warehouse popularly known as the Achimota Voltic House. Surprisingly, documents covering the said warehouse were allegedly changed into Stephen Gyimah’s name. However, the company after years of painstaking investigations, reported the matter to the Police to probe further. The Police having gathered all its evidence there is, decided to prosecute the matter at the court, and therefore requested for an injunction to be placed on the warehouse for at least a year following which it would have concluded all its investigations. Company officials say with the good work done by the CID, they are hopeful that the matter would soon be put to rest by which time the justice they are seeking for would have been achieved.