Home / Education / Family Of Atu Mould Sells His Luxury Cars To Build Dormitory Block For His Alma Mater

Family Of Atu Mould Sells His Luxury Cars To Build Dormitory Block For His Alma Mater

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Relatives of the late business magnate, Miguel Atu Mould, have used proceeds from the sale of his fleet of luxury cars to construct a dormitory for his alma mater, Adisadel College.

The project which is worth GH¢5 million was handed over and inaugurated on Saturday making it the 11th dormitory for Adisadel College.




The Atu Mould House has six rooms where each having the capacity to accommodate 150 beds with lockers, and washrooms where six students share a toilet facility and an ironing space.

It also has a borehole with overhead tanks and a visitor’s lounge with a television.

Atu Mould, until his death in November 2020 was the Chief Executive of Makam Plant Hire, an indigenous company that deals in the rental of earth-moving equipment among other logistics.

He was also into the construction of sea defense walls.



His love for cars made him collect a fleet of luxury vehicles including a Lamborghini Urus, Lamborghini Harracan and Ariel Atom, GT Shelby, a Nissan GTR and a Harley Davidson motorbike.

After his death, Atu’s mother, Sati Ocran suggested that the vehicles be sold and proceeds used to build Atu’s dream legacy project at his alma mater, Adisadel College.

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“Almost all the source of funding for the project had come directly from the proceeds of the sale of his most beloved worldly possessions which were his toys (cars)”, his brother Lee Ocran Tandoh said in emotionally mixed remarks at the handing over ceremony.





“Apart from the significant monetary value these cars collectively possessed, the sentimental value of the cars was priceless by virtue of the love Atu had for his ‘toys’,” he told GraphineOnline.

He said even the idea to build Atu’s heartbeat project suggested by his mother, Sati Ocran originated from Atu Mould himself adding that the family took no credit for the project.

“Even in the construction and finish of the building, we believe we have been guided by Atu’s spirit in the sense that in every step of the way we have been asking ourselves; how would Atu have done this or how would he have wanted that done. And it is important because Atu was very particular in the way he wanted his things done. To put it in another way Atu had his standards, and without any bias of being his brother, Atu’s standards were nothing short of excellence.”

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Mr Tandoh was hopeful that the project would touch many more lives and hopefully impact others to become like him.

According to him, the house was a sign of gratitude for the role the school played in Atu’s life and appealed for the proper maintenance of the facility.

On his part, the headmaster of the school, Samuel Kofi Agudogo thanked the Mould family for the dormitory saying it was certain to ease congestion in school.

He further added the project would give both staff and students the impetus to work harder towards ensuring that the college achieves its vision and mission.
Family of Atu Mould sells his luxury cars to build dormitory block for his alma mater

He commended the family and Santa 89 year group for the support in providing this edifice for the students in the school.

Sir Sam Jonah who chaired the function commended the family for the project saying it was a show of the Adisadel spirit which would inspire many more, especially the students to aspire to do same.

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The 1989 year group and the management of the school gave assurances that the edifice would be maintained properly.






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