A Final agreement has been reached between the Kumasi Metropolitan Assembly (KMA) and the CEO of All States Construction Limited, Nana Karikari Asante, to demolish structures around the Kejetia Redevelopment Project on Monday February 5, 2018 at the Manhyia Palace in Kumasi.
The Municipal Chief Executive (MCE) of KMA, Hon. Osei Assibey Assibey Antwi signed the agreement in the presence of KMA Presiding Member, Hon. Abraham Boadi and the Managing Director of the Company, Nana Asante Karikari, also signed in the presence of his counsel Kwabena Appiagyei Asante-Krobea, ESQ.
The agreement, which was signed in the presence of Kumasi Traditional Council and witnessed and endorsed by the Bantamahene Baffour Owusu Amankwatia, put to rest all litigation between the two parties that has delayed the work on the Kejetia project for more than a year.
The agreement gives compensation guarantee to Nana Karikari Asante, who hitherto, demanded a promissory note from the KMA before allowing the Assembly to pull down the impeding structures to the project.
The agreement stated that all compensation will be paid to already two demolished buildings belonging to Nana Karikari as soon as valuation report is completed and funds made available by the government through the Ministry of Local Government and Rural Development.
“It shall liaise with the Local Government to secure approval for the demolition of the three properties standing and shall seek the support of Kumasi Traditional Council to get the Local Government Ministry to issue the approval for the demolition for the three remaining structures and payment of compensation,” it said.
The project, which started in 2015 and scheduled to be completed in January 2018, has to be delayed due to impending land litigation involving the KMA and the private businessman over compensation.
Source: otecfmghana.com/ Francis Appiah