Registrar takes over GFA assets

An Accra High Court has ordered the Registrar of Companies to take control over the assets of the Ghana Football Association.

The order bars any member of the Association from exercising any control over its assets until the substantive petition to liquidate the GFA is heard.

The court gave the orders as it granted an application filed by the Attorney General.

The state had filed the application to keep the hands of members of the GFA off the assets and day to day management of the FA until the petition is determined.

Lawyers for the FA led by Thadeus Sory had opposed the application as frivolous but Justice Samuel Kwame Adibu Asiedu diasagree.

Thaddeus Sory had argued that the move to take custody of the assets and place an injunction on the FA is amounts to painting the whole football management body with corruption when the evidence attacks specific individuals.

Justice Samuel Kwame Adibu Asiedu however said the state represented by the Deputy Attorney General Godfred Yeboah Dame had convinced him that it stood to suffer irreparable loss that cannot be compensated for in payment of damages if the GFA is allowed to continue to perform its functions and control its assets.

The substantive petition that may lead to the liquidation of the FA is however still yet to be heard.

The AG began moves to liquidate the FA after Anas' #12 documentary revealed damning evidence of corruption against some leading executives of the Association.

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