5452 results.
Business
In a release titled “Use and Misuse of Bank of Ghana Currency Transport Boxes,” the central bank clarified that while these sturdy wooden boxes are built for the secure movement of currency and often reused after official operations, any in...
DL News
Business
Dr Addison again maintained that the project has thus been going on for over 3 years even before the DDEP
DL News
Courts
State Prosecutors have accused the Founder of the bank, William Ato Essien, of causing the insolvency of the bank by stealing about GH¢200 million of a GH¢620 million liquidity support given to the bank by the Bank of Ghana (BoG)
DL News
Courts
On August 14, 2017, its licence and UT Bank were revoked by the BoG after the BoG had declared them insolvent.
DL News
Courts
It is the case of the A-G that Essien, with Odonkor’s aid, transferred the liquidity support to certain companies either controlled by him or in which he had interest.
DL News
Courts
The convict, Essah Gabriel Ansah Sasraku, aged 26, was charged for stealing, contrary to section 124 (1) of the criminal offences act 1960 (Act 29).
DL News
Supreme Court News
The stay means the Court of Appeal’s order directing the reinstatement of the company’s licence has been suspended until the Supreme Court determines the central bank’s appeal.
DL News
Courts
Essien was sentenced to 15 years in prison by an Accra High Court after being found guilty of misappropriating over GH¢90 million in liquidity support that the Bank of Ghana had provided to Capital Bank.
DL News
Business
It featured the Director of Research and Member of the Monetary Policy Committee of the BOG, Philip Abradu-Otoo, a Professor of Economics and Director of ISSER, Prof Peter Quartey, and Ag. Head of Markets at Absa Bank Ghana, Jacob Brobbey.
DL News
General
I think the fraud issue is a broader issue and yes, as banks we will do our part but it is something we need to take as a national problem and deal with it.”
DL News
Courts
Maazi, an unemployed Nigerian national, appeared before an Accra Circuit Court on eight counts, including conspiracy to commit robbery, attempted robbery and robbery.
DL News
Crime
Michael Nyinaku, former CEO of Beige Bank, has been acquitted by the Court of Appeal after facing 44 charges, including theft and money laundering.
DL news
Crime
They have been charged with conspiracy to steal.
GNA
Business
The three are Joshua Siaw, Afua Kyei and Bernard Mensah.
DL News
General
Behind the stately yellow portico of the colonial-era courthouse in Ho Chi Minh City, a 67-year-old Vietnamese property developer was sentenced to death on Thursday.
BBC
Tech
A recurring theme in the allegations laid against Flutterwave is the company’s involvement in card fraud and money laundering.
Tech Cabal
Africa
The skit maker was alleged to have dropped a threat note of robbery at First Bank’s Sabo branch counter, in Ondo town, on Friday.
Premium Times Nig
Others
The Office of the Attorney-General is prosecuting other high-profile cases involving the offenses of wilfully causing financial loss to the State, stealing, corruption, fraud, procurement breaches, and money laundering.
Godfred Yeboah Dame, AG
Business
the Bank of Ghana has signed an agreement with G+D to implement a pilot CBDC project as a precursor to the issuance of a digital form of the national currency,
DL News
Business
In a notice signed by the Secretary to the Central Bank, Ms. Sandra Thompson, entreated all financial institutions to take steps to update customer records with the Ghana Card in line with Section 30 of the Anti-Money Laundering Act, 2020 (...
DLN
