The trial of Nana Konadu Agyemang Rawlings, the former First Lady and five others is set to resume on Tuesday morning at an Accra Fast-Track High Court presided over by Justice Paul Baffoe-Bonnie.
Nana Konadu and the others are standing trial on 30 charges, including conspiracy to commit crime and causing financial loss to the state for their alleged role in the divestiture of GIHOC Nsawam Cannery to Caridem Development Company, a company owned by the 31st December Women's Movement.
The divestiture to 31st DWM of which Nana Konadu is the president was said to be fraudulent, leading to financial loss to the state because the normal divestiture procedure of state-owned companies were not followed and signatures in the deal were allegedly forged.
At the last hearing, the case had to be adjourned due to power outage at the Fast Track High Court which cannot function without electricity.
Konadu and her alleged accomplices Emmanuel Agbodo, former Executive Secretary of the Divestiture Implementation Committee, Kwame Peprah, former Chairman of the DIC, Hanny Sherry Ayittey, Managing Director of Caridem and Thomas Benson Owusu, an accountant have pleaded not guilty to all counts.
They have vowed to appeal against a ruling by Justice Baffoe-Bonnie who threw out their application for a stay of proceedings, pending the outcome of a civil case by the former First Lady against the DIC and the Attorney General.
Source: Daily Guide