Courts
$2M Sky Train case: Court to give ruling on Submission of no case July 2
The accused persons are former GIIF Chief Executive Officer Solomon Asamoah and former Board Chairman Prof. Christopher Ameyaw-Akumfi.
DL News
Results for "National Investment Bank"
3240 results.
General
Teacher’s admission of “chopping” GH₵15,000 unearned salary sparks laughter at PAC
Mr Emmanuel Samson, a Principal Superintendent of the Ghana Education Service (GES) in the Gomoa West District, confessed that he was aware that he had been overpaid, receiving GH₵46,735.09 instead of the GH₵30,763.71 he was due.
Graphiconline
Business
Bright Simons writes: Ghana wants to make Norway rich (by $1 billion)
On 30th July 2021, a memorandum from Ghana’s Minister of Energy to the country’s Parliament muddied the waters even further.
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
Courts
Capital Bank founder Ato Essien granted GH¢10M bail pending appeal
The court, in a ruling delivered today, approved bail set at GH¢10 million, with two sureties. As part of the bail conditions, Essien must deposit his passport at the court’s registry and report once a month to the Court Registrar.
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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
Business
BoG responds to alleged criminal misuse of currency transport boxes
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
New BoG Head Office: 'No procurement laws were broken'- Governor
Dr Addison again maintained that the project has thus been going on for over 3 years even before the DDEP
DL News
Courts
Man jailed 8 years for forging Bank of Ghana Microfinance licence
Prosecutors said investigations revealed that Asante had forged the Bank of Ghana licence between April 2022 and January 2023 and had about 24 employees working as representatives within the Suhum enclave.
GNA
Courts
Capital Bank case: No statement imputing misconduct by state officials was made by court – Judicial Secretary
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
Ato Essien sheds tears in court as he recounts formation, successes of Capital Bank
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
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
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
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
Courts
Covid-19 caused Sky Train investment loss, not wrongdoing, defence argue
The two former officials are asking the High Court to stop the trial against them, insisting that the Attorney-General’s evidence does not justify calling them to open their defence.
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
Courts
Court orders disclosures in Labone bank robbery case
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
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
Courts
Businessman bailed GH¢400,000 over alleged US$3.5 million investment fraud
According to the prosecution, Mohammed represented to the complainant that arrangements could be made to transport the investment funds to Nigeria to support the proposed business venture.
DL NEWS