Courts
Banker gets 5 years for stealing ₵115k
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
Results for "Fidelity Bank"
863 results.
Courts
BoG wins arbitration against Sibton Switch Systems Limited
On the assumption of power of a new government in 2016(NPP), the new management of the Bank of Ghana was sworn in
DL News
Courts
Ato Essien files application for stay of proceedings
On August 14, 2017, its licence and UT Bank were revoked by the BoG after the BoG had declared them insolvent.
DL News
Supreme Court News
Supreme Court suspends order restoring GN Savings licence
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
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
Courts
Grant Ato Essien pardon-Lawyer petitions Mahama
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
Ghanaian lawyer, 2 others among most powerful black people in UK
The three are Joshua Siaw, Afua Kyei and Bernard Mensah.
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
Crime
Four busted by EOCO over sophisticated mobile money and sim swap fraud
They have been charged with conspiracy to steal.
GNA
Tech
Flutterwave’s accounts in Kenya have been frozen over fresh money laundering allegations
A recurring theme in the allegations laid against Flutterwave is the company’s involvement in card fraud and money laundering.
Tech Cabal
Africa
How bank robbery prank landed Nigerian skit maker in prison
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
Business
8th Absa-UPSA Law School Quarterly Banking Roundtable held
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
High fraud cases in the banking sector can’t be completely linked to poor service conditions – John Awuah
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
Others
Trading Under The Diplomatic Shield: Reconstructing The Commercial Activity Exception To Diplomatic Immunity
This article examines the tension between diplomatic immunity and private commercial accountability under Ghanaian law. It argues that Ghana reflects the restrictive doctrine of sovereign immunity, especially through the commercial activity...
DL News
Courts
Trader refunds GH¢230k in mistaken bank transfer case
Popularly known as Maa Adwoa, Constance was absent from court but remains in custody. Her mother, Cecilia Gyasi—also standing trial—appeared before the relieving judge, Evelyn Asamoah.
Crime
Police say Labone operation foiled planned robbery attacks on three banks
According to the Police, the suspected robbery syndicate was preparing to target GCB Bank, Ecobank and Zenith Bank, all located within the Labone enclave.
DL News
Business
BoG revokes Zeepay’s electronic money issuer licence over regulatory breaches
In a statement issued on Tuesday, July 14, the central bank said the decision was taken under Section 13 of the Payment Systems and Services Act, 2019, Act 987.
DL News
Courts
Chairman Wontumi charged over alleged GH¢30m EXIM Bank loan fraud
Mr Antwi-Boasiako, 50, is facing trial together with Wontumi Farms Limited and Thomas Antwi-Boasiako, who prosecutors say is currently at large.
DL News
Business
BoG warns banks and fintechs over disability inclusion deadline
In a fresh notice, the central bank made clear that compliance with its Directive on Financial Inclusion for Persons with Disabilities is not optional and that institutions that fall short could face administrative punishment.
DL News
Courts
Gov’t to prosecute Wontumi Farms over alleged GH¢24m Exim Bank fraud
Addressing journalists at the Government Accountability Series on Monday, 22 December, Dr Ayine said investigations had uncovered forged documents used to secure a GH¢4 million facility from the state-owned bank.
DL News