- Kenpong Travel & Tours Hit With Liquidation Petition Over GHS 2.55 million Judgment Debt
Kenpong Travel & Tours Limited, one of Ghana’s best-known travel and tour companies and a major operator in the movement of football supporters to international tournaments including the FIFA World Cup, is facing a winding-up petition at the Commercial Division of the High Court in Accra over an alleged unpaid judgment debt of GHS 2.55 million.
The petition, filed by First Atlantic Bank Limited, seeks an order for the official winding up of Kenpong Travel & Tours under the Corporate Insolvency and Restructuring Act, 2020, Act 1015, on the grounds that the company is allegedly unable to pay its debts.
The case is significant not only because it involves a financial institution pursuing enforcement of a debt claim, but also because it comes at a time when Kenpong Travel & Tours remains publicly associated with large-scale travel operations, including supporter travel packages for the World Cup.
For many Ghanaian football fans, the Kenpong brand is familiar. The company has operated in the travel and tour space for years and has become one of the prominent names linked to organised supporter movements, group travel, ticketing, cross-border tourism promotion, reservations and related travel services. That public profile is what makes the court petition particularly striking.
According to the petition sighted by NorvanReports, First Atlantic Bank, acting through its Executive Director, Daniel Marfo, is asking the court to wind up the company “due to its inability to pay its debts as a Company.”
The petition identifies First Atlantic Bank as the petitioner and Kenpong Travel & Tours Limited as the respondent. It describes the respondent as a travel and tour company incorporated under the laws of Ghana and engaged in “cross-border promotion of tourist activities, car rentals, ticketing and reservation.”
The company’s registered address is listed in the petition as Baptist Convention House, 11 Yiyiwa Road, Abelemkpe, Accra.
The petition states that Kenpong Travel & Tours was incorporated on October 11, 2013, and registered at the Registrar-General’s Department with registration number CS289792013. It further states that the company had an authorised share capital of GHS 1.00 million and paid-up capital of GHS 60,000 at the date of incorporation.
In what may become one of the most closely watched corporate debt enforcement actions involving a high-profile travel company, First Atlantic Bank argues that Kenpong Travel & Tours is insolvent and that the court should intervene.
“It is important to note at the outset, that a corporate autopsy of the Respondent’s financial position will show that the Respondent is a party that is unable to pay its debt,” the petition states.
The bank further avers that the company “is unable to pay its debts as and when it falls due” and that, under the circumstances, “it is just and equitable that the company should be wound up.”
The petition traces the dispute to an earlier suit filed in 2019 against Kenpong Travel & Tours and five others. The case is listed in the document as Suit No. CM/BFS/1191/2019, First Atlantic Bank vrs Kenpong Travel and Tour Limited & 5 Ors.
According to the petition, the court granted judgment against the respondent jointly and severally on August 15, 2022. The bank says the amended entry of judgment was subsequently served on Kenpong Travel & Tours and the other parties.
The amount First Atlantic Bank is seeking to recover is stated in the petition as “Two Million Five Hundred and Forty-Nine Thousand, Nine Hundred and Sixty-Nine Ghana Cedis Twenty Eight Pesewas,” equivalent to GHS 2,549,969.28, together with interest and costs.
The petition also says the debt attracts interest “at the prevailing commercial rate from the date the debt became due until final payment,” as well as cost of GHS 20,000 imposed on the respondent.
In its prayer to the court, First Atlantic Bank is asking for three main reliefs: that Kenpong Travel & Tours be wound up; that the company’s assets be realised to satisfy the judgment debt; and that the directors of the company be restrained from interfering with or clogging the assets of the company pending final determination of the matter.
The bank is also asking for costs and any further orders the court may deem fit.
If granted, a winding-up order could have far-reaching implications for the company’s operations, reputation and ability to continue transacting business. Winding up is one of the most serious remedies available against a company because it moves beyond ordinary debt recovery and seeks to place the company into liquidation.
That makes the case especially important for customers, creditors, suppliers and partners who may be dealing with Kenpong Travel & Tours in the run-up to major international travel events.
The World Cup travel market is built on trust. Supporters often pay in advance for flights, accommodation, tickets, transport and related arrangements. Companies operating in that space must therefore maintain not only logistical capacity, but also public confidence, financial credibility and contractual reliability.
A court petition alleging inability to pay debts does not automatically mean the company is insolvent. It is a claim placed before the court by a creditor and must be determined through due process. Kenpong Travel & Tours is entitled to respond to the petition, contest the allegations, settle the matter or present evidence to show that it remains viable. However, the language of the petition is unusually strong.
First Atlantic Bank alleges that, despite the judgment, the respondent and its allies have engaged in repeated court applications to delay enforcement. The petition states that since the amended entry of judgment was served, the respondent has allegedly filed “numerous frivolous Applications in order to stave off the execution processes of the Court.”
It further alleges that the matter travelled from the High Court to the Supreme Court on two separate occasions.
The petition claims that the respondent has taken part in “nine (9) attempts to stay execution of the Judgment” and that all allegedly failed.
In another striking passage, the petition alleges that Kenpong Travel & Tours has used litigation to mask its inability to pay.
“The Respondent has in the last four to five years engaged in the pretentious attitude of litigation when in truth and fact, it is merely engaged in using these Applications as a device to mask its inability to pay its debt from the world,” the document states.
The bank also alleges that despite its inability to pay off the debt, the respondent is “masquerading in official corridors as a viable entity while posing a substantial threat to the financial system.”
That allegation is likely to draw attention because of Kenpong Travel & Tours’ public-facing business model. A travel company depends heavily on confidence. Its clients include individuals, groups, institutions and corporate bodies that must trust the operator to deliver planned travel services.
The petition also raises concerns about collateral allegedly presented in connection with the loan that led to the judgment. First Atlantic Bank claims the respondent obtained the loan by relying on documentation which, according to the petition, was later found to be “dishonourable and so poor in integrity” that the Lands Commission was allegedly unable to register it as a mortgage.
The bank further claims that Kenpong Travel & Tours has failed to present a credible payment plan and satisfactory collateral to secure repayment of the judgment debt.
It states that inquiries made through the respondent’s counsel to identify assets to satisfy the judgment “has not yielded any useful result.”
From these allegations, First Atlantic Bank concludes that Kenpong Travel & Tours has demonstrated that it is unable to pay its debt as sanctioned by a court judgment.
“Under the circumstances, it is just and fair for the Respondent to undergo official liquidation on the grounds that the Respondent is unable to pay its debts,” the petition states.
The legal process is still important. A petition is not a final decision of the court. It sets out one party’s case. Until the court hears the matter and makes a determination, the allegations remain claims by the petitioner.
That distinction matters because liquidation proceedings can have significant reputational consequences even before a final order is made.
For First Atlantic Bank, the petition appears to be an attempt to move from ordinary enforcement of a judgment into corporate insolvency proceedings. For Kenpong Travel & Tours, the case represents a potentially serious legal and commercial test.
It also raises broader questions about corporate debt discipline in Ghana.
When companies obtain credit, lose in court, and still fail to satisfy judgments, creditors often resort to aggressive enforcement mechanisms. But when the debtor is a public-facing company in a sensitive service industry, the matter becomes more than a private dispute between lender and borrower. It becomes a question of confidence.
In the travel and tourism sector, credibility is a core asset. Companies sell promises before they deliver services. A customer buying a World Cup travel package may be paying months ahead of departure. That customer needs assurance that the operator has the financial and operational capacity to fulfil its obligations.
This is why the Kenpong petition will attract attention beyond the banking and legal communities.
The company’s involvement in supporter travel gives the matter a national flavour. Ghanaian football supporters planning international travel will naturally ask whether court proceedings of this nature have any implications for existing or future packages.
At the same time, it would be premature and unfair to conclude that the company cannot fulfil its travel obligations merely because a winding-up petition has been filed. The court must first determine the petition. The company also has the opportunity to respond.
The more responsible reading is that the case has placed Kenpong Travel & Tours under a legal and reputational spotlight.
The petition, dated May 4, 2026, was filed by Kwame Akufo & Co. Unlimited, counsel for First Atlantic Bank. An affidavit in verification of the petition was sworn by Daniel Marfo, Executive Director of First Atlantic Bank, who stated that the facts contained in the petition were true to the best of his knowledge and belief.
A certificate of exhibits attached to the petition lists documents including certificates of incorporation and commencement of business, a copy of the judgment, an amended entry of judgment, rulings in respect of applications for stay of execution, evidence relating to the alleged collateral issue, and correspondence seeking information on the respondent’s assets.
The matter is therefore not a mere demand letter. It is a court process invoking Ghana’s corporate insolvency law.
For now, the central question is simple: can Kenpong Travel & Tours satisfy the judgment debt, or will the court be persuaded that the company should be wound up?
Until that question is answered, one of Ghana’s most visible travel brands faces a legal cloud at a time when the business of moving supporters to the World Cup should be a moment of commercial opportunity, not courtroom uncertainty.
