Trasacco Estates Development Company Limited has assured investors, homeowners, and the public that calm has returned to its Tema Springs serviced plots project following unlawful demolitions that targeted its properties and those of its clients.
In a press conference held on September 26, 2025, the company confirmed that the Ghana Police Service has identified suspects behind the demolitions, issued invitations for questioning, and is pursuing others who fled the jurisdiction. Trasacco pledged full cooperation with the authorities to ensure justice.
“We condemn this criminality in the strongest terms and are cooperating fully with the authorities to ensure justice is served,” said Kwame Owusu Danso, Corporate Affairs and Legal Director of Trasacco Group.
Addressing misinformation surrounding the incident, Trasacco disclosed that the Office of the National Chief Imam confirmed no authorization was given for the use of His Eminence’s name in connection with the dispute.
The company has also contacted the Presidency to clarify allegations of military involvement and is awaiting an official response.
Trasacco emphasized that it lawfully acquired the 270.1-acre land for the Tema Springs project from the Tema Development Corporation (TDC) in 2004, with the transaction formalized in a lease dated November 29, 2012.
For over a decade, the land has been developed for peaceful occupation by clients, with uninterrupted access to essential facilities, including schools.
The company reaffirmed its commitm Trasacco Estates Development Company Limited has reassured investors, homeowners, and the public that peace has returned to its Tema Springs serviced plots project after illegal demolitions targeted its properties and those of its clients.