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
Results for "Upper Amenfi Rural Bank"
1109 results.
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
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
Crime
Police dismantle armed gang behind rural bank robberies; 10 arrested, 3 killed
Inspector-General of Police (IGP) Dr. Christian Tetteh Yohuno disclosed the development at a media briefing held at the National Police Headquarters in Accra on Wednesday, September 24, 2024.
DL news
Crime
Female Afghan judges hunted by the murderers they convicted
“I look at my young son and I don’t know how to explain to him why he can’t talk to other children or play out in the hall. He’s already traumatised.
DL News
Business
BoG urges public to save with licensed financial institutions
In a recent notice aimed at promoting financial literacy, the Central Bank stressed the importance of building a consistent savings habit, noting that it is never too early—or too late—to start.
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
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