Raymond Archer Exposes Trade Fair, McDan in US$ 10 million Midnight Demolition  

Official court documents reveal that while the Dr. Agnes Adu of the Ghana Trade Fair Company (GTFC) was ordering heavily armed security officers to demolish the US$ 10 million printing factory of Universal Labels & Packaging Co, an order against the destruction had been duly served on the GTFC by the court.

Whatsup News gathered that court bailiffs served an order of Stay of Execution on the CEO of the GTFC, Dr. Agnes Adu through her secretary on Friday, February 14, 2020. According to reliable information, there were two documents served on the GTFC: a notice of Appeal and the Stay of Execution. Both were reportedly received by the secretary and taking into the office to her boss.
 
Despite this pending order by the court to prevent a forceful eviction of several companies at the GTFC premises, the GTFC boss, ordered the security detachment with a convoy of bulldozers to totally flatten the printing factory containing ultra-modern printing equipment.
 
Meanwhile, today, the GTFC issued a statement claiming it was not served with any legal suit in a rampage described as politically motivated.
 
Dr. Agnes Adu has been called out for victimising GTFC tenants who bailed her out when she was unable to pay its workers.
 
According to Raymond Archer, the CEO of Universal Labels & Packaging, when Dr. Adu was newly appointed, she had to mobilise GHC 1 million from tenants as the GTFC was already comatose. “She was able to pay the workers and without approval from the board, even increased her salary by over 100%. She paid herself several months at once,” A distraught Raymond Archer revealed.
 
From the sequence of events from when the appeal and the stay of execution was filed and served, it is apparent that Universal Labels & Packaging Co. could not have had enough time to evacuate all its heavy printing equipment before bulldozers tore the entire factory down dead in the night.
 
The GTFC statement justified the raid, saying the trial judge at the High Court, Emmanuel Amo Yartey had on Wednesday, February 12, 2020 lifted an injunction order preventing the GTFC from evicting Raymond Archer’s company.
 
However, according to a statement copied to Whatsup News, Raymond Archer said when the judge lifted the injunction, his lawyers immediately filed an appeal against the ruling to lift the injunction on Thursday, February 13, 2020, and that on Friday, February 14, and the GTFC was served with the Stay of Execution preventing it from the eviction rampage.
 
“On Sunday, midnight, the Trade Fair acting with armed police sneaked into the Trade Fair and illegally demolished our factory,” Mr. Archer, the founder of the now-defunct Enquirer newspaper stated.
 
From his explanation, between Wednesday February 12 and Sunday, February 16, his multi-million-dollar printing factory could not have adequately evacuated all their heavy equipment before Dr. Agnes Adu ordered the demolition.
 
Also, the GTFC claimed that it had warned tenants from erecting permanent structures on their land, however, this warning was issued in 2012, meanwhile, the building the GTFC have targeted have been around between 40 and 10 years.
 
Indeed, Whatsup News has gathered that Daniel McKorley (McDan), the Board Chairman of the GTFC who was today quoted as saying the management of the GTFC and the Akufo Addo administration are not targeting perceived rivals has been fingered in some of the demolition orders at the Trade Fair premises.
 
Raymond Archer told Whatsup News that McDan was someone he regarded as a close friend who was impressed by the huge factory and had promised to protect the asset.
 
However, upon “Orders from Above” a team of heavily armed military and policemen stormed the Trade Fair premises on Sunday dawn with bulldozers and flattened the ultra-modern US$ 10 million factory employs over 120 Ghanaians.
At the scene of the destruction, Whatsup News gathered that the order to destroy the factory came from the Jubilee House. It is unclear on whose command, however, there are reports that the CEO of the GTFC has a rather curious friendship with Gabby Asare Otchere-Darko, the cousin and chief advisor to President Akufo Addo.