Former Ghana FA Normalization Committee chairman Dr Kofi Amoah has made a quick U-Turn by returning the $100,000 he unilaterally deducted from the GLO payment of arbitration cost to the Ghana FA.
A statement from the former Ghana FA boss denied any wrong doing in the deduction of the money.
” I have directed Lawyer Frank Davies to return the $100,000 paid to him for his appreciable service to the President of the GFA and submit his invoice for same, which he has done” the statement said.
Explaining the rational behind the deduction, Dr Amoah said his committee employed the services of the law firm of Drank Davies to ensure Globacom paid the arbitration cost imposed on them in 2017.
“The NC met with GLO Representatives in search of solution towards the payment of the Arbitration Award. With no progress forthcoming, the NC engaged the services of a reputable Law Firm to assist with collecting the Award from GLO.
Meetings and correspondences ensued between the NC and Mr. Frank Davies of Davies & Davies Law Firm regarding the NC’s determination to collect the Award.
Davies & Davies expressed the interest and ability to do the work and collect the award funds for the GFA
It was agreed between the NC and Davies & Davies Law Firm for the entire Award funds to be collected and if the firm was successful, it would be paid 10% of any/or all of the recovered amount. We were told, and the rate card of fees approved by the Ghana Bar Association confirmed, that collection of funds by a lawyer attracted 10%-25% of recovered amount. This arrangement is in writing as well as in the minutes of the NC board meetings.
It must be pointed out here that the lawyer who represented the GFA in the Arbitration, Lawyer Thadeus Sory, was granted a sum of USD 50,000.00 as his total fees by the Sole Arbitrator to be paid by GLO and not to be paid a percentage of the Award monies paid by GLO to the GFA. The Arbitrator based his decision on the fact that “the GFA did not succeed on all its claims, and the fact that the matter was uncontested, the Tribunal will award the GFA the sum of USD 50,000 as cost of its legal representation” the statement Expressed.