NEWS

Metro TV Faces Asset Seizure as Armed Police, Auctioneer, and Bailiff Pursue Vodacom Debt

Armed Policemen, Auctioneer and a Bailiff Storm Metro TV Over Vodacom Debt — | Metro TV Faces Asset Seizure |

Police officers and a court bailiff disrupted activities at Metro TV’s premises to enforce a court order linked to an unresolved debt owed to Vodacom. The debt, reportedly spanning over three years, prompted legal action culminating in a writ of execution that authorized the seizure of Metro TV’s assets.

Eyewitness accounts revealed that the bailiff arrived with police support during a live broadcast, aiming to confiscate the station’s property. However, the attempt faced resistance from Metro TV’s private security personnel. Despite the commotion, sources clarified that the issue is purely a business matter and not politically motivated, countering rumors circulating online.

Details about the debt, including the specific amount owed, remain undisclosed. However, a Citi News report mentioned that this is not Metro TV’s first encounter with such enforcement actions. In a similar instance years ago, three company vehicles were confiscated over an unresolved financial dispute.

The situation highlights the legal consequences of unresolved debts in Ghana’s corporate landscape and raises questions about its potential impact on Metro TV’s operations.

Below is a Statement Release from Management of Ignite Media Group on Attack by Armed Policemen, Auctioneer and a Bailiff

Statement from Management of Ignite Media Group on Attack by Armed Policemen, Auctioneer and a Bailiff