The Inspector General of Police and Judge presiding over the legal battle between House of Duffuor Assets (HODA) and the Mohinani Group, owners of polytank have been left in a state of confusion over the ownership and leasing of a factory agreement between the two business giants.
Polytank Ghana Limited have alleged that armed land guards have beset its premises at the Motorway Industrial Estate, Baatsona, Spintex Road – Accra which is preventing the court order, hindering operations of their clients Unilever, Fan Milk, Nestlé, GB Foods, and Voltic. Despite an Accra High Court granted their motion to suspend the execution.
The Mohinani Group has therefore petitioned the Inspector General of Police (IGP), Dr George Akuffo Dampare over the police’s failure to enforce a court order on February 18, 2025, titled “Police Non-Compliance with Court Order in WAPP-HODA Holdings Commercial Dispute”.
The petition is signed by the Executive Director of the Mohinani Group issued to the IGP stated, “On January 28, 2025, court bailiffs, accompanied by armed police officers from the Greater Accra Regional Command, forcibly executed a Certificate of Possession on our leased premises at West African Packaging and Printing Limited (WAPP), despite our valid 11-year Joint Collaboration Agreement signed in 2021.”
“This forced closure has resulted in daily financial losses exceeding GHS 1 million, the displacement of 150 direct workers, a potential loss of 3,000 indirect jobs, an inability to fulfill contractual obligations to major clients (Unilever, Fan Milk, Nestlé, GB Foods, Voltic), and inaccessibility to substantial investments in machinery and equipment”, the petition added.
The Mohinani Group called on the IGP to urgently intervene and to direct the Greater Accra Regional Commander to comply with the court’s suspension order, withdraw all armed individuals from the WAPP premises, facilitate our lawful re-entry to resume operations and investigate the circumstances leading to this non-compliance with a valid court order.
However, new revelations indicate that HODA which leased the factory to the Mohinani Group no more owns the factory.
A post by Bright Simmons on X read, “Officially, Keystone is the company that has shut out the Mohinani Group from the factory they have been operating on lease from HODA since 2021. Their reason is that the factory has been transferred to them to offset a $4 million loan HODA has defaulted on.”
This goes to show that HODA no more owns the company and new information also shows that Keystone says they’ve sold the factory to Flexiprint, a company owned by a British Virgin Islands off-the-shelf company called Lightway.
“Basically, it is no longer clear who the factory lease operators are actually dealing with. The Judge in the case, totally exasperated, has asked the Police to get their act together. A petition has been pending before the IGP for a couple of days now. But our sources tell us that the IGP has also become very confused and is getting close to bewildered. I mean, what exactly is going on with this factory?” he added.
What makes it more intriguing is that a gentleman by name, Yaw Odame-Darkwa, has emerged as a key strategist on the HODA side. The same Yaw Odame-Darkwa has been introduced as “lawyer” for Keystone Global Holdings and ultimately introduced again as lead Director representing Lightway.
The question now is whether HODA is trying outwit Mohinani Group with this business warfare.
See post:
One thing about being a governance analyst in Ghana is that people send you loads of info about various disputes and you have to sift through carefully to discern a pattern.
This week, I’ve learnt a lot about the extent to which business people will go to seize control of… pic.twitter.com/iUJhSuRXP7
— Bright Simons (@BBSimons) February 21, 2025
