According to public records, as reported by 3news.com, the assets could be leveraged to satisfy part of the defamatory judgment against him.
Following the recent $18 million defamation judgment awarded to investigative journalist, Anas Aremeyaw Anas, against Kennedy Agyapong in New Jersey, public records have supposedly emerged that show that the Ghanaian businessman and former MP allegedly owns at least three properties in the United States, with a combined purchase value exceeding $1.8 million.
However, the report said it was found after obtaining a property search report that focuses on properties identified in Essex County, New Jersey, where the judgment was passed, although Agyapong may own additional real estate elsewhere in the US.
According to property records obtained from Essex County, New Jersey, Agyapong owns three significant properties.
Earlier, the Superior Court of New Jersey awarded investigative journalist Anas Aremeyaw Anas $18 million in damages in a defamation lawsuit against former Member of Parliament Kennedy Agyapong and Frederick Asamoah, a social media commentator.
The judgment comes after a lengthy legal battle stemming from alleged defamatory statements made by the defendants during a 2021 interview broadcast on social media.
The following are details, according to 3news.com, on the assets owned by the former MP, Kennedy Agyapong, in the US:
West Orange Residence
o Purchase date: October 5, 2007
o Purchase price: $980,000
o Mortgage amount: $730,000 (through World Savings Bank FSB)
o Current assessed value: $906,200 (as of 2020)
o Current market value: Approximately $1,082,676
o Property details: 4,972 square feet, built in 2005, single-story home with a two-car garage on a 19,693 square foot lot in the Greendale Estates subdivision
Newark Residence
o Purchase date: November 9, 2005
o Purchase price: $490,000
o Mortgage amount: $392,000 (through Aames Home Loans)
o Current assessed value: $295,600 (as of 2020)
o Current market value: Approximately $342,090
o Property details: 3,192 square feet, built in 2004, on a 3,611 square foot lot in the Sherman Heights subdivision
East Orange Residence
o Purchase date: February 28, 2005
o Purchase price: $365,000
o Mortgage amount: $200,000 (through Emigrant Mortgage Company)
o Current assessed value: $290,000 (as of 2020)
o Current market value: Approximately $415,175
o Property details: 4,560 square feet, built in 2000, two-story home on an 8,063 square foot lot
The report added that the above New Jersey properties have taken on particular significance in light of the landmark $18 million defamation judgment recently awarded to investigative journalist Anas Aremeyaw Anas against Agyapong.
Source: www.ghanaweb.com
