Real estate developer Trasacco Company Limited has strongly dismissed claims by the Nungua Stool regarding ownership of a disputed parcel of land, describing the allegations as “false, deceptive, and a distortion of historical fact.”
In a statement issued on Tuesday, the company said it had taken note of a press conference addressed by one Ben Danso on behalf of the Nungua Stool, during which accusations were made against Trasacco over the ongoing development of a 57-acre tract of land in the Nungua area.
Trasacco insists the land in question is not stool land, but rather part of a large area compulsorily acquired by the Government of Ghana in the 1940s for agricultural purposes.
Historical Ownership and Government Acquisition
The company explained that the disputed land formed part of the former Nungua Farms—established under a government compulsory acquisition nearly 80 years ago. According to Trasacco, this land remained government property until 2010 when portions were returned to the Nungua Stool as part of a broader national land release policy.
“Only a portion was returned. The Government retained part of the land, and it is from this retained section that Trasacco legally acquired its 57 acres,” the company clarified.
Trasacco added that it had followed all statutory procedures to register and take possession of the property, noting that it had enjoyed uninterrupted ownership since acquisition.
Court Judgment ‘Misrepresented’ — Trasacco
Responding to references to a court ruling cited by the Nungua Stool, the company accused the spokesperson of selectively presenting the facts.
According to Trasacco, while the cited judgment confirmed stool ownership of some lands, it also affirmed that 114 acres remained government property — the same portion from which the company acquired its 57-acre parcel.
“It is therefore misleading and legally untenable for any person to claim allodial ownership over land that the courts themselves have confirmed as government property,” the statement said.
Police Intervention Was for Worker Safety, Not Favouritism
Trasacco also rejected claims that police presence on the site signaled institutional bias or support for the company.
The company said police were invited only after its workers were allegedly attacked by individuals carrying “highly sophisticated weapons,” including persons who claimed to be from National Security.
The police, it added, acted professionally and only intervened to restore calm and prevent escalation.
Company Reaffirms Lawful Conduct
Trasacco emphasized that it has a long-standing commitment to lawful operations, compliance with Ghana’s land regulations, and peaceful engagement with stakeholders.
“Our ongoing development on the 57-acre parcel is fully legitimate, backed by documentation from the Government of Ghana,” the company said.
Calling for Facts Over Sensationalism
The company urged the public to rely on verified records rather than “misleading narratives,” reiterating five key points:
The land was compulsorily acquired by the state in the 1940s.
Only part of it was released to the Nungua Stool in 2010.
Trasacco acquired land solely from the government-retained portion.
Claims by private individuals over that land are improper.
Police intervention was aimed at preventing violence.
Trasacco concluded by reaffirming its commitment to lawful business practices and cooperation with legitimate authorities.