Ghost folder - unusable?

It seems like there is a problem with accessing the folder that was created by the backup software. This could be due to a file system issue or permission problem. The folder icon being grayed out suggests that there might be corruption or a problem with the file properties, despite having administrator access and proper rights. To fix this issue, you can run a disk check tool, such as the CHKDSK command, which can diagnose and resolve any possible file system problems. If the folder still remains inaccessible, you can try using data recovery professional software for windows to retrieve its contents. Sometimes, these tools can recover your data even if there are file system issues.
 
To add some color to this. Being owner of a resource in Windows does not mean you have access, what it does mean is you have the ability to add/remove permissions.

This looks strictly to be a permission problem.
Remove the ACE entry for 'Local Account' - Deny.
 
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