Courts
Stanbic Bank appeals ruling on motion against Serbeh-Yiadom: Wants H.C. proceeding stayed
“That there are such special circumstances justifying a stay of proceedings pending the determination of the appeal.”
DL News
Results for "National Investment Bank"
3352 results.
Business
SEC warns public against YEPBIT Exchange and BONCHAT investment schemes
The SEC says neither platform is licensed to provide investment or trading services in Ghana’s capital market.
DL News
Africa
US tightening case against South African pastor allegedly involved in a multimillion-dollar investment scam
A trio of “pastors” operated in top-notch hotels and at religious events in the US, claiming that their investment company was in keeping with “God’s mission” because it equated to personal wealth for churchgoers who signed up with it.
Daily Maverick
Business
Ayariga urges Parliament to fast-track probe into collapse of UT bank, uniBank
Mahama Ayariga wants the House to be furnished with an update on the matter and urged the committee to resume work on the petition in earnest.
DL News
Courts
Capital Bank Trial: 3rd accused denies signing letter engaging All Time Capital
While being cross-examined by Chief State Attorney, Evelyn Keelson, on Thursday, March 31, he stated that the documents were fake and that he did not draft them.
DL News
General
SSNIT recovers $4.15m out of $11,794,109 loss
SSNIT had a 13.60 per cent equity stake in the company which was divested to Plantations Socfinaf Ghana.
DL News
General
Parliament passed 12 major bills at its second meeting
The laws passed include the Human Sexual Rights and Family Values Bill, 2025; Ghana Investment Promotion Authority Bill, 2025; Maritime and Related Offences Bill, 2026; Community Service Bill, 2026.
DL News
Africa
South Africa: Leading law firm ordered to pay victim of cyber crime
Johannesburg High Court Judge Phanuel Mudau has ruled that ENS Africa must pay Judith Hawarden $293,335 plus interest, and pay the legal costs of the lawsuit on a punitive scale.
Ground Up
Europe
Danish bank pleads guilty to multi-billion dollar fraud scheme on U.S. Banks
The guilty plea marks the end of a years-long investigation into the company after accusations that it funneled billions of dollars in illicit payments from high-risk clients, including in Russia
CNN
Courts
Former CEO of Beige Bank granted GH¢200m bail over money laundering, theft charges
Mr. Michael Nyinaku has been charged with 44 counts of money laundering, fraudulent breach of trust, and stealing depositors’ money, following a suit filed by the Attorney General’s Office on November 2, 2022.
DL News
Africa
Liberia: GT Bank found guilty in $2.5 million damaged lawsuit
Kailondo had sued the bank in a criminal case at Criminal Court "C" to prove that the bank illegally took Money from the account of his Company, Kailondo Petroleum Inc., without his authorization.
AllAfrica
Courts
Capital Bank collapse: MD of Reroy Cables acquitted and discharged
In a ruling today, Justice Kyei Baffour held that the prosecution failed to establish any prima facie case against Ms Quartey, to warrant her to open her defence.
DL News
Business
BoG declines Parliamentary summons over UT Bank, Unibank closure
The Bank of Ghana has said that the petitioners should use the right channels to ensure their grievances are resolved
DL News
General
Government can establish National Development Bank without parliamentary approval-Assibey-Yeboah
On May 19, 2021, The Ministry of Finance and the European Investment Bank signed an agreement for the provision of a €170 million facility for the establishment of a new national bank.
DL News
Business
Parliament endorses review of Petroleum Revenue Management Act to boost investment returns
The endorsement follows the tabling of the Committee’s report by its Chairman, Eric Afful, during plenary on Tuesday.
DL News
General
The departure which must itself be departed from-Comment on the Supreme Court Decision of GHANA TELECOMMUNICATIONS CO. LTD & ANOR v ATTA VI.
This writer submits that the Ogyeadom case could never, as perceived by the Court, have settled the question whether or not the Court is jurisdictionally competent to entertain and grant an application for stay of execution pending the dete...
Thaddeus Sory Esq.
Africa
East Africa’s opportunity in energy and infrastructure disputes
Hamid Abdulkareem, Jacob Omorodion, and Thomas Dauvillier report on a webinar hosted by Three Crowns LLP and the Africa Energy Arbitrators’ Forum (AEA) of the Lagos Chamber of Commerce International Arbitration Centre (LACIAC) on ‘The Futur...
African Law &Business
Courts
Ato Essien case : Bank of Ghana official cross-examined
A Deputy Chief Manager at the Banking Department of the Central Bank, Emmanuel Edward Arhin produced some documents on the liquidity support and was cross-examined by lawyers for the first accused.
DL News
General
It’s not illegal to set up Development Bank of Ghana without Act of Parliament- Deputy Finance Minister
“I heard the Minority Leader say they will oppose any allocation for such an arrangement, but the government has already spent monies on various banks without going for any Act but still within the banking structures, the Bank of Ghana lice...
DL News
Courts
The BoG is under no obligation to seek parliamentary approval for its directives-Supreme Court affirms
The Bank of Ghana issued a directive described as the Banking Business Corporate Governance Directive in March 2018 under the Banks and Specialised Deposit-Taking Institutions Act.
DL News