Friday, 27 December

I've not been evicted from my home: Tema Central MP refutes 'unfounded' reports

Politics
Yves Niinoi Hanson-Nortey

The Member of Parliament (MP) for Tema Central Constituency in the Greater Accra Region, Yves Niinoi Hanson-Nortey has refuted recent publications suggesting that he has been evicted from his home. 

According to the lawmaker, the reports are not only false but are also part of a deliberate attempt to tarnish his reputation and create a misleading narrative about him. 

In a press statement issued on Monday, November 25, he stated that he views, these "unfounded" publications as a part of a broader scheme to damage his image.

Mr. Hanson-Nortey outlined the context of the situation, tracing it back to his time as the Managing Director of Apex Petroleum in December 2018, before his parliamentary career. 

Apex Petroleum, an oil marketing company, was engaged in a business partnership with Boison Sapenu and D-Vet Ltd, as part of an expansion strategy. 

This arrangement involved securing an insurance bond policy from Star Assurance, backed by a property that Apex Petroleum made clear did not belong to them, but rather to a third party. 

According to Mr. Hanson-Nortey, Star Assurance failed in its due diligence responsibilities by accepting the collateral without proper verification.

The MP explained that Star Assurance's oversight had severe consequences for Apex Petroleum, leading to the loss of the company's operating licence and permits. 

In April 2022, unaware of Star Assurance's prior knowledge regarding the legitimacy of the collateral, Apex Petroleum, on legal advice, agreed to a settlement of Ten Million Five Hundred Thousand Ghana Cedis (GH¢ 10,500,000) with Star Assurance, which was formalised in a consent judgement. 

However, subsequent investigations by the National Investigations Bureau uncovered new evidence about fraudulent practices involving non-existent collaterals in the industry.

Armed with this new information, Mr. Hanson-Nortey has instructed his legal team to challenge the 2022 consent judgement, claiming that Star Assurance is attempting to enforce a decision tainted by fraud. 

He alleges that the company is resorting to media campaigns to apply pressure, hoping that he will yield under scrutiny. 

The legislator says he remains steadfast in contesting the validity of the consent judgment, asserting that Star Assurance’s actions are unjust.

In response to the publications about his alleged eviction, Mr. Hanson-Nortey clarified that the claims are entirely untrue.

He reiterated that he has not been evicted from his home, emphasising that the reports are part of a strategy to undermine his credibility while legal proceedings continue. 

The MP is determined to see the matter resolved in court, ensuring that the truth prevails amidst the controversy.

"It is in the light of this that I, Hon Yves Hanson and Apex Petroleum, have gone back to the courts to set aside the consent judgment on the grounds of new information and fraud."

"Star Assurance is simply trying to use all means at their disposal to enforce the consent judgement of 2022 and to use their media outlets to tarnish my reputation in the hope that I would buckle."

"Star Assurance is trying to enforce that same judgement, which is tainted with fraud, and which I am currently challenging in court. I wish to state that it is never true that I have been evicted from my house," an excerpt of his press statement said

Source: Classfmonline.com/Cecil Mensah