Crime
Police foil robbery attempt on Winneba rural bank
According to a police statement, the bank’s alarm system went off around 1 a.m., prompting a patrol team to respond.
DL News
Results for "Union Mortgage Bank Limited"
1979 results.
Courts
Trader remanded over GH¢800k bank transfer mix-up
According to prosecutors, Nimako—popularly known as Maa Adwoa—used up GH¢770,500 of an accidental GH¢800,000 transfer. The money had been intended for someone else but ended up in her Ecobank account due to a banking error
DL News
General
Regulatory Compliance in the Financial Sector
This article explores the various regulators who regulate financial institutions such as banks, microfinance, insurance companies amongst others as well as the critical role of regulatory compliance in the financial sector, the challenges i...
Ama Anima Konadu
Business
Ghana and Rwanda forge partnership to boost cross-border Fintech integration
The two central banks signed a Memorandum of Understanding (MoU) on February 25, 2025, during the Inclusive Fintech Forum in Rwanda, which was held from February 24 to 26.
DL News
Business
Foreign currency services restored at CBG as trading licence reinstated
This development allows CBG to fully resume foreign exchange services at all branches nationwide, providing customers with a seamless experience for buying and selling foreign currencies.
DL News
Supreme Court News
Lawyer sues AG, seeks return of state funds unconstitutionally used for National Cathedral
The Plaintiff also seeks an interlocutory injunction to restrain the Government of Ghana from undertaking activities such as issuing treasury bills without Parliament’s approval pending the determination of the substantive suit.
DL News
General
OSP unfreezes 5 bank accounts of Cecilia Dapaah
It notes however that the order is still in force and effect in respect of the other bank accounts and financial assets of the former minister.
DL News
Business
Bank fined £5.4m after energy traders used WhatsApp
Regulator Ofgem said the bank breached rules requiring firms to record messages linked to energy trading
BBC
Crime
US-based Ghanaian trio charged over 2018 bank fraud conspiracy
The trio are alleged to have negotiated fraudulent checks with forged signatures between June and September 2018
Gifty Danso
Europe
UK: Barrister jailed for defrauding his own grandmother disbarred
Darren Craig Stapleford was found to have transferred approximately £11,000 from his grandmother’s bank account to his own, and used her bank card to withdraw £4,240 in cash and pay for online goods and services.
Legal Futures
Africa
Malawi police arrest two women for banknote cake
Malawi's Central Bank says printing new bank notes to replace old and damaged ones is costly
BBC
Business
UBA Ghana warns of Ponzi scheme using its brand named to defraud victims
In a statement, the bank said it had identified a Ponzi scheme operation that claims to be supported by UBA Ghana and uses the official logos, adverts, and pictures of the bank.
DL News
Crime
Two arrested over robbery at Upper Amenfi Rural Bank
“These suspects and three other accomplices attacked the bank on 27th June 2022, disarmed the security guard on duty, assaulted two of the bank staff and made away with an unspecified amount of money and a pump action gun.
DL News
Courts
Ato Forson instructed BoG to establish letters of credit contrary to contract's terms –Agyemang Manu tells court
Mr. Agyemang Manu indicated that contrary to the terms of the contract, a letter, which the first accused person authored, Cassiel Ato Forson, was sent to the Bank of Ghana, instructing the latter to establish letters of credit.
DL News
Crime
Ghana extradites Nigerian to face charges in US over bank fraud
Between January 2014 to October 2016, Adeleke worked as an administrator for an online shop, called Shadow.info where compromised credit numbers and personally identifiable information was sold.
DL News
Business
BoG warns public against Kwame Bediako aka Cheddar’s cryptocurrency, Freedom Coin
Cryptocurrencies do not have an official recognition in Ghana and are not regulated by either the Bank of Ghana or the Securities and Exchange Commission
DL News
Business
Special Prosecutor begins investigations into financial sector crisis
In a statement, the OSP says the investigations ‘target alleged corruption and corruption-related offences perpetrated by officials of the Bank of Ghana, banks, specialised deposit-taking institutions and financial holding companies.”
DL News
Africa
Nigeria warns of digital currency fraud
The e-Naira, a digital version of the naira, is issued by the central bank and is held in an electronic wallet – a first of its kind in Africa to be issued through a government entity.
BBC
General
Doing Business rankings: IMF board backs Georgieva after review of data-rigging claims
The IMF said the information presented during its review – which included meetings with WilmerHale attorneys and Georgieva – did not conclusively demonstrate that she played an improper role in the Doing Business report.
DL News
Business
Issuing dud cheques punishable by imprisonment of up to 5 years-Bank of Ghana
“Beware! Your name shall be published in two daily newspapers of national circulation if you issue a dud cheque for the third time within 3 years,
DL News