Courts
€2.3 million financial loss suit: Ato Forson, 2 others granted bail
A Former Deputy Finance Minister and Member of Parliament for Ajumako Enyam Essiam, Cassiel Ato Forson, and two others have been granted bail by an Accra High Court.
DL News
Results for "Financial Action Task Force"
2782 results.
Courts
Judgment debt: KMA Office Complex to be sold by FREDCO FD Company Limited
As at 31st December, 2016, KMA’s financial liabilities stood at GH¢119,213,333.22 as captured in the sessional address on 11th and 12th May, 2017 by the then Mayor, Osei-Assibey Antwi.
DL News
General
CID petitioned to probe PNC’s Apasera, Dani Baah over alleged financial malfeasance
The meeting comprised 9 Regional Chairmen and the First Vice-Chair of the PNC.
DL News
Europe
Vatican’s Cardinal Becciu on trial in $412m fraud case
Last week, the Vatican published details of its holdings, including more than 4,000 properties in Italy and 1,120 in other European cities.
DL News
Business
Your 2023 deadline to banks to phase out substandard bullion vans is unacceptable-Dery to BoG
It has emerged that the central bank December 2020 issued several directives to financial intuitions to phase out and replace all soft-skinned CIT vehicles.
DL News
Business
Supporting the legal profession
Legal aid solicitors will benefit from a 10% uplift in legal aid fees and have access to a £9 million fund to help those experiencing hardship as a result of COVID-19.
DL News
Business
Fraud cases in banking sector increase by 5.5% in 2019 – BoG report
New figures released by the Bank of Ghana show that fraud cases in the banking sector increased to 2,295 from 2,175, representing 5.5 percent in 2019.
DL News
Courts
Venture Capital scandal: Court ‘rejects’ Duku’s move to pay GH¢15m
The move by Daniel Duku, a former Chief Executive of the Venture Capital Trust Fund (VCTF) who is standing trial for causing financial loss to the state, to pay GH¢15 million as restitution to the state is in limbo.
DL News
Crime
Mpatuam tragedy: Assembly member among two killed in clash with soldiers at Asanko mine
The disturbances reportedly began when a man spotted inside the concession was shot and killed by the security officers deployed to protect the mine. News of his death quickly spread, prompting enraged residents to mobilise and block the ma...
DL news
Courts
Billionaire's ex-wife sues lawyers for failing to win her a superyacht in divorce case
Soroka was awarded a staggering £453 million in 2016 following her split from Akhmedov, marking one of the most expensive divorce rulings in UK history.
DL News
General
Commute death sentence of 184 convicts to life imprisonment- Amnesty Int'l to Gov't
Although Ghana has not executed anyone since 1993, she stressed the need for the government to commute existing death sentences to life imprisonment.
DL News
US
Court rules against Uber in win for California workers
The highest court in California has ruled that Uber must face a class-action lawsuit claiming that it should have covered work-related expenses for UberEats driver
Lawyer Monthly
Europe
UK: Barristers to strike over legal aid rates
Barristers are in dispute with the Ministry of Justice over legal aid rates in criminal cases, which they say are so low that many junior lawyers can earn less than the minimum wage when their expenses are taken into account.
The Times
Europe
France threatens to cut UK and Jersey energy supply in fishing row
We took note of last week’s announcements, but regret that with the number of licences granted it still has not been possible to bring this issue to an end now.
DL News
Business
BoG flags 20 unlicensed mobile loan apps, warns public
According to the central bank, the affected digital lenders are providing credit services in breach of the Directive for Digital Credit Service Providers in Ghana.
DL News
Business
Standard Chartered settles £1.5bn investor lawsuit over Iran sanctions disclosures
More than 200 claimants, representing about 1,400 investment funds, had sued the UK-listed lender in London, arguing that they were misled by the bank’s public statements and omissions.
DL News
Business
Flutterwave, Cellulant and Halges sanctioned over remittance breaches
In a statement issued Thursday, September 4, 2025, the central bank announced that Flutterwave Inc. and Cellulant Ghana Limited have been suspended from operating remittance partnerships for one month, effective September 18, 2025.
DL news
General
Singapore empowers police to freeze bank accounts in suspected scam cases
Taking effect on Tuesday, the Protection from Scams Act gives authorities sweeping powers to intervene in financial activities without the account holder’s consent, even if the individual insists they are not being deceived.
DL News
Africa
Kenya: Sister of former president wins court battle to evict ex-partner from disputed home
The ruling, issued by Justice Jane Onyango of the Environment and Land Court in Thika, denied Mr Nderitu's request for an injunction that would have allowed him to remain in the residence while a broader ownership case plays out in court.
DL News
Business
GRA orders immediate compliance as government scraps 1% E-Levy
Effective from 12:00 AM on April 2, 2025, all banks, fintech companies, and mobile money operators are required to stop charging the E-Levy. Institutions are also expected to promptly refund any deductions made on or after this date.
DL News