Business
BoG cash boxes found at Sarpeiman by National Security
At the heart of the investigation are official Bank of Ghana (BoG) cash boxes found at the crime scene, suggesting a disturbing lapse in oversight or possible insider collusion.
DL News
Results for "World Bank"
1423 results.
Business
High Court reverses BoG’s revocation of Ideal Finance operating licence
The court found that BoG failed to follow due legal procedures before stripping Ideal Finance of its license, rendering the revocation unlawful.
DL News
Courts
Painter remanded for alleged GH¢1M copper cable theft at Bank of Ghana site
He has pleaded not guilty to charges of unlawful entry and theft. Two other accomplices remain at large, and police say efforts are ongoing to apprehend them.
DL News
Others
The Key Role of Due Diligence in Corporate Restructuring Transactions in Ghana
In Ghana, corporate restructuring, such as mergers, acquisitions, and divestitures, is essential in shaping the business environment. However, these transactions carry inherent risks and complexities, making thorough due diligence necessary...
Ofori Eric Kwaah
Business
BoG prohibits banks from photocopying Ghana Cards for banking transactions
This directive aligns with the National Identity Register Regulations, 2012 (L.I. 2111), which emphasize biometric verification as the gold standard for secure transactions.
DL News
Business
Bank of Ghana to enact new Forex Law – New Governor
Speaking at the Jubilee House on Tuesday, February 25, after being sworn into office by President John Mahama, Dr. Asiama highlighted the proposed law as a key component of his agenda to reform Ghana’s financial landscape.
DL News
Business
Case against treasury bill issuance by government adjourned indefinitely
During the February 25, 2025 proceedings, the Attorney General’s Department requested additional time to prepare and submit its response to the case.
DL News
General
AG takes full responsibility, denies presidential influence in recent case withdrawals
Addressing a press conference on Wednesday, February 12, Dr. Ayine clarified that the decision to drop the seven cases followed a meticulous legal assessment by his office.
DL News
Crime
2 dismissed officers, civilian sentenced to 30 years for robbery
The convicted individuals are Michael Baffour, a dismissed soldier and driver; Isaac Amejor, a dismissed police officer and driver; and Saddick Muntakilu, an unemployed civilian.
GNA
Business
Issuance, submission of dud cheques increased last year-BoG
According to the BoG’s Annual Credit Reporting Activity Report, a total of 53,522 dud cheques were submitted by banks and specialized deposit-taking institutions (SDIs), up from 43,457 in 2022.
DL News
Courts
Salesman in court for embezzling employer’s GHC1.4m
Richard Okai, aka Kobby, pleaded not guilty to seven counts of stealing after being handed an amended charge sheet and facts in court on Monday.
GNA
Business
BoG sanctions 47 individuals, 245 businesses for issuing dud cheques
The offenders have therefore been banned from issuing cheques in the country and accessing new credit facilities for three years effective June 28, 2024.
DL News
Crime
Pastor in court for allegedly taking deposits without BoG license
Enock Mawuli Sabah Kugbedzi, the head Pastor of Kingdom Chapel International, Nungua-Buade, pleaded not guilty to “operating a deposit taking institution without license.”
GNA
Business
ECOWAS Brown Card Insurance Scheme: Expert calls for expedited claims payment
Mr. Bukari, who is Managing Director of Phoenix Insurance Company Ghana, further emphasized the importance of facilitating the seamless movement of individuals across ECOWAS countries.
DL News
Crime
Student convicted for issuing dud cheque
Henry Ulsen Alibah, pleaded guilty and was convicted accordingly, but sentence was deferred till May 9, 2024.
GNA
Courts
Cleaner jailed 13 months for stealing mobile phones
The prosecution said the accused went into the residence of the complainant and made away with two mobile phones and a power bank and bolted.
Ghanaian Times
Crime
Businessman in trouble over alleged GH¢1,780,000 fraud
Nana Bentil is accused of defrauding by false pretences and selling cars worth GH¢1,780,000.00 to his customers without the consent of the owners.
theghanaiantimes
Europe
Signa Creditors Back Restructuring Plans Dangling 30% Payout
Lenders, which include banks, insurers and sovereign wealth funds, backed the proposals for Signa Prime Selection, the flagship luxury unit, and its smaller sister Signa Development Selection at meetings in Vienna on Monday.
Bloomberg Business
Supreme Court News
Supreme Court case diary for week commencing January 30 - 31, 2024
The particular cases up for consideration include civil motions and appeals scheduled for first and second sessions at the court
DL News
Courts
Businessman sues Absa Bank contract staff for allegedly breaching agreement to marry him
In lieu of the proposed marriage, the Plaintiff, Mr Otoo, decided to sponsor her tertiary education, after which they would get married.
thechronicle