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McDan Group loses ownership of GACL’s prime airport land following a court ruling.

McDan Group loses ownership of GACL’s prime airport land following a court ruling.

McDan Group of Companies, a Ghanaian conglomerate with diverse interests, including shipping, logistics, aviation, oil and gas, construction, security, and agribusiness has lost its ownership of over 16 acres of land belonging the Ghana Airports Company Limited (GACL) following a Accra High Court ruling.

In February 2025, GACL filed a writ and a statement of claim against the two entities, citing longstanding breaches of land lease agreements and outstanding ground rents.

The lands in question, measuring approximately 10.63 acres and 5.66 acres, are located adjacent to and opposite the Action Chapel International, near the Kotoka International Airport.

The company sought the recovery of $26,296 in accrued ground rent for the use of the lands.

Additionally, there was a perpetual injunction to restrain the defendants from any interference with the lands.

The judgment, delivered on May 6, 2025, by the Court, grants GACL full re-entry and possession of the over 16 acres of land it nearly lost to McDan Shipping Company and Airport Logistics Limited, subsidiaries of the McDan Group, since 2012.

Following legal proceedings, GACL applied for summary judgment because the defendants had no valid defense. The court ruled in GACL’s favour, awarding all reliefs sought and ordering the defendants to pay GH¢50,000 in legal costs.

In December 2024, McDan Aviation’s operations at Terminal 1 of the Kotoka International Airport (KIA) were suspended due to debt obligations.

Although those specific debts were later cleared, the land dispute remained unresolved until this legal intervention.

GACL’s management has lauded the court’s decision as a significant asset recovery win.

The successful litigation is being credited to the collaborative efforts of GACL’s Legal Department and the company’s Managing Director, Mrs. Yvonne Nana Afriyie Opare, who spearheaded the push for asset recovery.

inghananewstoday

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