Evatex Logistics Limited, whose revenue assurance contract with the Ghana Airports Company Limited (GACL) was recently terminated, has issued a seven-day ultimatum to GACL to reverse the decision or face legal action.
According to Evatex’s lawyers, K-Archy & Company, the termination is unjustified, unreasonable, and executed in bad faith.
Evatex claims to have invested $64.6 million in infrastructure tailored specifically for GACL’s cargo operations and had already begun executing its assignment under the contract.
GACL Managing Director, Yvonne Nana Afriyie Opare instructed Evatex Logistics Limited to demobilise and vacate the Kotoka International Airport’s cargo premises by August 27, 2025, following the termination of their revenue assurance contract.
The termination, effective August 27, 2025, was due to lack of evidence showing revenue concealment or recovery since Evatex began operations, resulting in no payments being made to the company.
The decision was communicated in a letter dated July 28, 2025, citing a contractual clause allowing termination without cause with one month’s written notice.
However, Evatex expressed shock in a statement released on Monday, July 28, 2025, by its legal and management consultants, K-Archy. The company insisted it had already begun work, submitted reports for action, and made significant capital investments worth $64.6 million in infrastructure specifically designed for GACL.
“Our client considers the intention to terminate the said contract as actuated by bad faith and unreasonableness. The purported termination is unacceptable. Given the foregoing, and in the spirit of seeking an amicable settlement, our client instructs us to inform you to withdraw the said letter within seven days of receipt, or we shall be compelled to institute legal action to recover the capital investments and seek other reliefs,” portions of the response indicated.
The Office of the Special Prosecutor (OSP) is investigating Evatex Logistics Limited’s revenue assurance contract with the Ghana Airports Company Limited (GACL) due to its alleged links to Strategic Mobilisation Ghana Limited (SML), a company embroiled in controversy over multi-million-dollar revenue assurance deals with the Ministry of Finance and Ghana Revenue Authority (GRA).
Meanwhile, former GACL Board Chairman, Paul Adom-Otchere, was invited and questioned by the OSP on July 31, 2025, regarding contracts awarded during his tenure, including the Evatex deal.
‘They treat you well’ – Adom-Otchere recounts OSP detention experience
