Business
Bank of Ghana closes Dek-Nock Investments for taking deposits without licence
This action is in accordance with Section 20(2)(g) of the Banks and Specialised Deposit-taking Institutions Act, 2016 (Act 930).
DL News
Results for "Union Mortgage Bank Limited"
1979 results.
Africa
After Bobrisky, another Nigerian celebrity charged for naira abuse
The Instagram celebrity whose real name is Pascal Okechukwupleaded pleaded not guilty to a three-count charge filed against him by the country's Financial Crimes Watchdog
DL News
Courts
Court sentences two men to GH¢180,000 fine over land fraud
Daniel Botchway, a 41-year-old car dealer, and Shadrack Moyom Dimang, a businessman, will in default serve seven years imprisonment each.
GNA
General
Mahama Ayariga petitions OSP again on alleged BOG new headquarters procurement breach
He is calling on the Office to investigate the members of the Central Bank’s board owing to the price escalation of the project from USD 121,078,517.94 to USD 222,799,760.55.
DL News
Supreme Court News
Daniel Ofori challenges High Court’s ‘perceived’ stay of Supreme Court ruling in ECOBANK case
He argued that the Honourable High Court Judge, per her September 2023 ruling, sought to halt the execution of a Supreme Court ruling held in his favor.
DL News
Europe
UK: Solicitor fined for failing to spot cyber fraud
A British solicitor was fined by the country's Solicitors Disciplinary Tribunal (SDT) for inappropriate handling of a fraudulent payment as part of a conveyancing cyber scam.
The Law Society
Courts
Alleged panic withdrawal story: Blogger, another charged, granted GH¢20,000 bail
Jeffrey Eppirim Nyame, the blogger, is facing a charge of publication of false news
GNA
Courts
Cecilia Dapaah case: Househelp, one other file for bail
The application for bail comes after the court had on many occasions rejected oral requests for bail from her lawyers.
DL News
Courts
High Court gives Ato Essien another lifeline to honor restitution deal
Justice Kyei Baffour was also quick to add that If by that date, that money has been redeemed, the court may favorably consider the outstanding amount to be paid
DL News
Supreme Court News
Supreme Court case diary for week commencing May 23-25 2023
The particular cases up for consideration are civil motions, writs, civil appeals, and a criminal appeal,
DL News
Courts
Jail Ato Essien for breaching restitution deal - AG to court
Ato Essien, who was standing trial with two others for stealing depositors' funds after the collapse of his bank, had reached an agreement with the AG’s department in December 2022, to pay an amount of Ghc 90 million as restitution to the s...
DL News
Courts
Ato Forson’s Case: Financing agreement with Stanbic Bank was cancelled – Witness
“I am unable to say why the financing agreement between Stanbic Bank and Government was not signed,” Mr Emmanuel Evan Mensah said.
GNA
US
US: Founder of cyberfraud prevention company sentenced to prison for defrauding investors
Mr. Rogas, who was primarily responsible for the company’s fundraising activities is also accused of personally benefiting from approximately $17.5 million of investor funds.
DL News
General
Retired Educationist drags judge, lawyer to GLC, petitions CJ
He alleges per his petition that the judge, Justice Ali Baba Bature, and the legal practitioner, Alfred Anum Quarshie, have colluded to extort money from him for no work done.
DL News
Business
Rural and Community Banks recorded highest rate of staff involvement in fraud cases in 2021 – BoG report
The fraud report presents an overview of fraud typologies recorded in the Banking and SDI sector and Electronic Money Issuers (EMI) sector.
DL News
Africa
Central African Republic adopts bitcoin as legal tender
The text of the new legislation covers the use of crypto-currencies and those who use them, in online trade, "smart contracts... by blockchain technology and "all electronic transactions.” According to the statement, cryptocurrency exchange...
DL News
Africa
Kenya: Digital lenders barred from accessing customers contacts under new law
According to the Central Bank of Kenya (Digital Credit Providers) Regulations, 2022, a digital credit provider, its officers, employees, or agents shall also not, in the course of debt collection, use obscene or profane language with the cu...
AllAfrica
Business
BoG directs payments platform Dash App to halt operations
Founded by Prince Boakye Boampong, the fintech has been operating in Ghana since 2019. It currently also has operations in Nigeria and Kenya.
DL News
Courts
Court remands student for stealing ATM cards
The prosecutor told the court that investigations had established that Addo had committed a series of such thefts at different locations and he was wanted by four different police stations where cases had been filed against him.
DL News