He was granted bail in the sum of GhC54 million with two sureties. Mr. Woyome is expected to report to the police twice a week.
Two others, the Chief State Attorney of Ghana, Samuel Nerquaye-Tetteh and Mr. Paul Asimenu, a Director at the Legal Department of the Ministry of Finance and Economic Planning, who were also remanded into custody, have been granted bail in the sum of GhC6,000 with two sureties and are also expected to report twice a week to the police.
The case has been adjourned to February 20.
The businessman has been charged for defrauding by false pretense, conspiracy to commit crime and corrupting public officials in the infamous GhC51 million judgment debt paid him after an alleged contract to build and renovate some stadia ahead of the CAN 2008 tournament with the erstwhile Kufuor administration was terminated.
The embattled philanthropist has been in police custody since his arrest on February 3. He was refused bail exactly a week ago when he appeared in court for the very first time.
Gifty Nerquaye-Tetteh, wife of the Chief State Attorney, was charged with aiding and abetment of crime, but was granted bail in the sum of GhC500,000 in the initial hearing and is expected to report to the police twice weekly.
Mr. Woyome is alleged to have transferred about GhC 400,000 from his bank account to Mr. Nerquaye-Tetteh’s wife right after the judgment debt was paid, but the interim EOCO report failed to mention reasons behind the payment.