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27.04.2012 League Report

TT Brothers to sue Accra Hearts of Oak over $1million debt

By myjoyonline
TT Brothers to sue Accra Hearts of Oak over 1million debt
27.04.2012 LISTEN

A former management member of the football club, Accra Hearts of Oak, Isaac Tetteh, popularly known as TT Brothers, says he will be using all means possible to retrieve a sum of one million dollars owed him by the club.

Tetteh claimed he is owed over $600,000 by the club as far back as 2003,which has accrued interest over the period.

“They have not paid a penny; it's the old debt that has been piled to the huge sum of money now,” an aggrieved Tetteh told an Accra-based radio, Happy FM.

Tetteh said he had never wanted to go public with the issues after the current management promised him that the money would be refunded.

“Most people did not know Hearts owes me because there was unity among us the management. People did not know I was the brain behind every loan secured by Hearts of Oak then”, he said, adding, “it's been long and my banks are after me for the money, I also secured a loan from my own company (TT Brothers) agents in Nigeria which has not been paid.”

However, he said the club has failed to even make a move towards the payment of the debt especially after the flotation of its shares.

His patience appears to have run out and said it is about time he takes steps towards retrieving his money.

“Nobody seems to care about this,” he said.
“I will be taking any means available for me to retrieve the debts. There are some monies which they (Hearts) can take for free but not the ones I led them to the banks to secure,” he stated.


Story by King Edward Ambrose Addo/ Xfm 95.1/ Accra/ Ghana

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