Fred Agbenyo, Otukonor Hot As Venture Capital Chases Them For Over Ghs120,000 Debt Owed The Entity

Fred Agbenyo and his partner in crime, Peter Boamah Otukonor, together owe Venture Capital a sum of GHS120,000 from loans they contracted separately in 2012.

Credible information gathered about these deals indicates that both Agbenyo and Otukonor applied for the facilities on 22nd August 2012.

Using a company he claimed to be his (Global Wants Providers Limited), Fred Agbenyo applied for GHS33,500. This amount, he said, was to be used to supply assorted feeds for a pig farm project at Obotweri.

An amount of GHS20,000 was approved on 29th October 2012. The facility was to be repaid within 12 months. A cheque of GHS20,000 was issued to him on 4th December 2012.

As at Thursday, 14th February 2019, over six years after the money had been paid to Fred Agbenyo, he had paid a paltry GHS2000. What is outstanding for Mr. Agbenyo to pay is GHS58,093, including the accrued interest.

The Deputy General Secretary of the NDC, Peter Boamah Otukonor, under the cloak of a company called Pham-Trust Capital Limited, also applied for GHS33,950.

The facility, according to documents supplied by Otukonor, was to supply computers and accessories to F.P. Petroleum Ltd. He was to repay the facility within 12 months from the 31st December 2012 date he was given the cheque.

As at now, just like his friend Fred Agbenyo, only GHS2000 has been paid by Otukonor with an outstanding amount (with interest) of GHS57,224.

It would interest readers to know that Peter Boamah Otukonor acted as Agbenyo’s witness in securing the loan facility.

Venture Capital, a source hints, has been chasing the duo to honor their obligations to the outfit but all these efforts have yielded no fruits.

It is expected that the two will soon be arraigned before the court in order for the outfit to retrieve its monies.


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