Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has leveled serious accusations against Kwaw Worsemao Blay, son of former New Patriotic Party [NPP] National Chairman Freddie Worsemao Blay.
According to Ablakwa, Kwaw Worsemao Blay has allegedly hijacked the beachfront property of Labadi Beach Hotel and defrauded his business partner, Loic Devos Junior.
Ablakwa’s claims, which he shared in a recent post, are based on explosive court documents that he has obtained and analyzed. The Independent Ghana is yet to independently verify these allegations.
Ablakwa reveals that Devos Junior initiated legal action against Kwaw Worsemao Blay on February 17, 2023, at the Accra High Court (Commercial Division).
In his suit (Suit Number: CM/MISC/0302/2023), Devos alleges that Blay cheated him out of their joint business operations and fraudulently denied him financial benefits.
The court documents state that Devos and Blay formed Gold Coast Expo Limited in 2019 and organized Polo Beach Club events at Labadi Beach Hotel’s beachfront.
They initially had a joint venture agreement with the hotel, but Blay allegedly breached the terms unilaterally, excluding the hotel and taking over the beach front.
Ablakwa’s post details how Blay constructed a bypass entry to the beach front, seized control of gate proceeds, and blocked Devos from accessing company accounts. He also claims Blay used another company, Press Xpress Limited, to usurp business transactions and sponsorship deals.
Internal investigations by Labadi Beach Hotel’s board implicated the hotel’s former Managing Director, Rene Vincent-Ernst, in the encroachment scheme. Vincent-Ernst was dismissed in November 2022 after allegedly conspiring with Blay to breach the joint venture agreement.
The court filings reveal Devos’s request for interlocutory injunctions to prevent Blay from launching independent Polo Beach Club events and to restrain him from spending or disposing of the company’s funds. He also seeks to stop Blay from claiming to be the Managing Director of Gold Coast Expo Limited.
Ablakwa criticizes the board and management of both Labadi Beach Hotel and SSNIT for allowing this encroachment and calls for President Akufo-Addo to address the issue. He emphasizes the need for accountability and protection of state assets from politically exposed persons.
Ablakwa attached court documents to his post to support his claims.