The Coconut Groove Regency Hotel which belongs to business mogul and politician Papa Kwesi Nduom has been gutted by fire few hours ago (Saturday April 22).

The fire was said to have started at a section of the hotel that houses the office of the GN bank. No casualty has been recorded yet but properties running into several thousands of cedis have gone up in flames.

Few weeks ago, Papa Kwesi Nduom suffered another misfortune when the roofing sheets of his newly built stadium were ripped off Sunday afternoon by a rainstorm.

More details and pictures soon.

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