The Financial and Tax Court presided over Justice Georgina Mensah Datsa has ordered the confiscation of one of two properties the State identified as proceeds of crime belonging to Nayele Ametefe.
The State presented two properties, one in Kumasi and another at East Legon in Accra.
Delivering a short Judgment, the Presiding Judge says from all the court processes that are before her, she has concluded that the East Legon Property be confiscated to the State.
However, the second property located in Kumasi cannot be confiscated by the State because the state could not prove that the jailed Nayele owned the property.
Mother of the convicted Nayele Ametefe, Madam Akua Adubofour, came to court to challenge the State over the decision to mark the two properties as proceeds of crime and to also claim ownership of the two properties.
The property estimated at 1.6 million dollars would be sold and the revenue derived would be distributed as follows; 50% Narcotics Control Board (NACOB), 20% to Economic and Organized Crime Office (EOCO),15% to the Consolidated fund and 15% to the Judicial Service of Ghana.
The sharing is in accordance with section 66 of Act 804, the Economic and Organized Crime Office Act, 2010.