The Chief Executive Officer (CEO) of Servistar Minwax (WA) Limited, Mr. Henry Ekow Manly-Spain, has publicly rejected a GH¢79,651,132.62 judgment debt awarded in favor of his company against the Ghana Revenue Authority (GRA), insisting that the amount is grossly in excess of what his company sought through the courts.
In a dramatic twist to a case that has attracted significant public attention, the businessman says his company is entitled to only about GH¢8,951,543, making the court-approved payment nearly nine times the amount he believes is legitimately due.
Speaking in an exclusive interview with The Chronicle over the weekend, Mr. Manly-Spain expressed shock over the figure contained in the court order and questioned how such a substantial increase came about.
According to him, the amount authorized for payment bears no resemblance to the claim his company presented before the court.
“The money the court awarded to my company to be paid by the Bank of Ghana is far bigger than what we filed at the court against the GRA. So I am confused about the amount awarded to my company,” he stated.
The former vice president of the Ghana Boxing Authority (GBA) stressed that he could not, in good conscience, accept public funds to which he was not legally entitled.
He maintained that although the judgment favored his company, accepting an amount that exceeds the original claim would be unethical and contrary to his personal principles.
“The state needs money for development projects. Hospitals are crying for equipment, including dialysis machines. I cannot enjoy this money. It is far more than what we filed,” he said.
Mr. Manly-Spain further indicated that he would rather receive the amount his company genuinely claimed than benefit from what he described as an unexplained windfall at the expense of the Ghanaian taxpayer.
His position has prompted a call for a thorough investigation into the circumstances that resulted in the disputed judgment debt figure.
He urged the government and the appropriate state institutions to institute an independent inquiry to establish how the amount ballooned from approximately GH¢8.95 million to GH¢79.65 million.
According to him, establishing the facts would not only protect the public purse, but also preserve confidence in the country’s judicial and financial administration.
Court Order
Court documents indicate that on July 22, 2026, the Commercial Division 3 of the High Court in Accra, presided over by Justice Doris Awuah Dabanka-Bekoe, issued a garnishee order directing the Bank of Ghana (BoG) not to release funds amounting to GH¢627,104,657.50 held in the refund account of the judgment debtor.
Instead, the court ordered that GH¢79,651,132.62 be deducted from the account and paid to Servistar Minwax (WA) Limited, the judgment creditor, in satisfaction of the judgment debt.
The order further directed that the funds be paid either into the Logan & Associates Clients Account at ABSA Bank Ghana Limited, Ring Road Branch, Accra, or transferred directly to the firm’s designated client account.
The legal action was brought by Servistar Minwax (WA) Limited against the Ghana Revenue Authority, with the latter named as the judgment debtor.
GRA Heads to Appeal
Meanwhile, the Ghana Revenue Authority is reportedly preparing to challenge the High Court’s ruling at the appellate court.
The planned appeal adds another layer of complexity to a case that is already generating widespread public interest, particularly following Mr. Manly-Spain’s unprecedented decision to reject a judgment debt awarded in favor of his own company.
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