I had no equity in US$5m hotel JJ arbitrarily demolished in 1999 – Sam Jonah - News Summed Up

I had no equity in US$5m hotel JJ arbitrarily demolished in 1999 – Sam Jonah


General News of Thursday, 22 July 2021Source: www.ghanaweb.comSir Sam Jonah, has spoken about the infamous $5 million hotel that was demolished by former President Jerry John Rawlings in 1999. On the subject of the demolished hotel, he said it belonged to a good friend of his but that at the time of the demolition he had zero equity in the investment. When the hotel was demolished in 1999, barely a year before Rawlings left office, the official reason was that it was built on a watercourse. In 2009, under the John Evans Atta Mills government, Alhaji Yusif went to court and obtained a judgment debt of over six million cedis for the loss. But Alhaji Yusif in a TV interview had said he had forgiven the former president for the episode.


Source: GhanaWeb July 22, 2021 06:22 UTC



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