Crime
AfDB debars Sargittarius Nigeria for 18 months for fraudulent practices
The debarment renders Sargittarius Nigeria Limited and its affiliates ineligible to participate in Bank Group-financed projects during the debarment period.
DL News
Results for "Capital Bank"
1238 results.
Business
UMB's 2010 dismissal of former MD justified-Supreme Court
In a unanimous decision, the court affirmed that Illiasu’s dismissal in 2010 was justified due to breaches of banking regulations and internal policies.
DL News
Business
Capital Bank case: I’m a nation builder – Ato Essien
Essien, who is standing trial with two others for the collapse of Capital Bank was opening his defence at the Accra High Court (November 4, 2021).
DL News
Business
BoG outlines 6-point strategies to combat cybersecurity threats on banks
Presenting the directive, Dr Asiama said the central bank’s objective goes beyond regulatory enforcement. In his words, the updated regime is meant to protect every individual and business that places its trust, money and data in the financ...
DL News
Business
The ‘Corporate Governance Series’ sets a radical new standard for bank board accountability
The event was the second installment of the Corporate Governance Series, a strategic collaboration between CSTS Ghana, the Institute of Directors (IoD) Ghana, SIGA and GIMPA Law School.
DL News
Business
'Concise Law of Banking' book launched
Titled Concise Law of Banking, the book is authored by Reverend Mrs. Nana Kegya Appiah-Adu, a seasoned lawyer and minister of the gospel.
DL News
Europe
Hungarian Data Protection Authority issues largest fine to date to bank for unlawful use of AI
Hungarian Data Protection Authority issues largest fine to date to bank for unlawful use of AI
Mondaq
Tech
Experts share opinions on Digital currencies, regulated Banking, future of money
The panel comprised of Mr.Adolph Kpegah, Chief Risk Officer, Absa Bank, Mr.Kwame A. Oppong, Head of FINTECH and Innovations at the Bank of Ghana, and Mr.Desmond Israel, Legal practitioner, founder, and lead consultant at Information Securit...
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
US
Extradited Ghanaian national sentenced to nearly 6 years in prison for multimillion-dollar money laundering conspiracy
The prosecution of this case is being handled by the Office’s Complex Frauds and Cybercrime Unit. Assistant United States Attorneys Sagar K. Ravi and Mitzi Steiner are in charge of the prosecution.
DL News
Business
Parliament to review BoG response on Unibank, UT Bank petition
The committee investigating the petition brought to parliament over the collapse of UT Bank and Unibank would discuss and analyze the response submitted by the Bank of Ghana.
DL News
Crime
Defunct Beige Bank CEO acquitted and discharged
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
General
Vietnamese billionaire sentenced to death for $44bn fraud
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
Courts
The Beige Group spent over GHC1.8million on publicity – witness
He said it was as part of activities marking the transition of the Beige Capital Savings and Loans (BCSL) to the Beige Bank (TBB).
GNA
Courts
Ato Essien fails to halt trial
Essien, together with Fitzgerald Odonkor, the Managing Director of the bank, and Tettey Nettey, the Managing Director of MC Management Services, a company said to be owned by Essien, have been accused of stealing depositors’ funds leading t...
DL News
Business
Jonah Capital accuses Nigeria’s company registrar of “corporate theft” in $50m share dispute
The row surfaced publicly after Ghanaian business magnate Sir Sam Jonah petitioned Ghana’s Minister for Foreign Affairs, Samuel Okudzeto Ablakwa, seeking diplomatic intervention.
DL News
General
NIC to revoke licenses of insurers that fail to recapitalize by December 31st
The insurance firms were given up till January 1st, 2022 to boost their capital bases
DL News
Business
BoG warns repeat dud cheque issuers face three-year ban
BoG said the sanctions are intended to curb the increasing issuance of dud cheques and restore confidence in cheques as a payment instrument.
DL News
Business
Bank of Ghana tightens grip on International money transfer operators
The Guidelines for the Registration and Operations of International Money Transfer Operators in Ghana place the fast-growing remittance industry under a much more prescriptive supervisory regime at a time when billions of dollars are being...
DL News
Business
Over-the-counter dollar withdrawal rules remain unchanged-BoG
In an official notice dated May 15, 2025, and signed by the Bank’s Secretary, Sandra Thompson, the central bank reaffirmed that no new rules have been introduced restricting access to funds in foreign currency accounts.
DL News