Courts
Bank manager granted GH¢1m bail over alleged GH¢1m theft
The court, presided over by Mrs Angela Attachie, admitted him to bail in the sum of GH¢1 million with two sureties, who must justify the bail with landed property.
DL News
Results for "Fidelity Bank"
863 results.
Courts
Wontumi Exim Bank case adjourned after prosecution amends charge sheet
Principal State Attorney Joshua Sackey told the court on Tuesday, September 22, that the amended charge sheet had been filed and served on counsel for the accused persons.
DL News
Courts
A-G accuses Hanan Abdul-Wahab of using property order to access frozen bank accounts
The allegation is contained in an affidavit filed in support of an application asking the Accra High Court to revoke an earlier order that allowed Mr Abdul-Wahab to travel outside the country.
DL News
Business
BoG issues fresh guidelines on use of LOC in cross-border trade
In a public notice dated 22 December 2025, the central bank spelt out exactly who is required – and who is not permitted – to generate an LOC under the Integrated Customs Management System (ICUMS), following growing confusion among exporter...
Richard Osei Boateng
Business
Standard Chartered settles £1.5bn investor lawsuit over Iran sanctions disclosures
More than 200 claimants, representing about 1,400 investment funds, had sued the UK-listed lender in London, arguing that they were misled by the bank’s public statements and omissions.
DL News
Business
UBA Ghana's forex licence suspended over regulatory violations
In a statement released on Thursday, the central bank explained that the action was taken under Section 11(2) of the Foreign Exchange Act, 2006 (Act 723), after uncovering what it described as “multiple breaches of foreign exchange market r...
DL news
Business
Desist from quoting prices, making payments in foreign currencies-BoG to institutions, individuals
In a public notice dated August 27, 2025, the central bank warned that all unauthorized foreign exchange transactions—often conducted on the black market—are prohibited under the Foreign Exchange Act, 2006 (Act 723).
DL News
General
Full Text: Report on key legal matters by AG at Government’s Accountability Series
Dr. Ayine tackled some of the nation’s most closely watched legal developments including the controversial discontinuation of the criminal case against former Finance Minister Dr. Kwabena Duffuor, new revelations in the National Service Sch...
DL News
Business
BoG warns of unlicensed YellowPay and HanyPay
In a public notice dated June 10, 2025, the BoG flagged YellowPay, a product of Yellow Card Financial Inc., for falsely promoting itself as a provider of digital payment services, cryptocurrency trading, and cross-border remittance solution...
DL News
Business
Bank of Ghana warns public against “Foreign Investor” scammers
In a public notice, the central bank revealed that these scammers are operating across multiple platforms and luring people with false promises of lucrative payouts in exchange for upfront deposits.
DL News
Business
BoG to roll out Cryptocurrency regulations by September 2025
Speaking at the African Leaders and Partners Forum hosted by the EBII Group during the IMF/World Bank Spring Meetings in Washington, D.C., Dr. Asiama said the initiative is tied to the anticipated passage of the Virtual Asset Providers Act.
DL News
Business
ADB threatens legal action as it denounces false claims against deputy MD
In an official statement, ADB emphasized its dedication to professionalism, transparency, and strict regulatory compliance.
DL News
Business
Bank of Ghana Report reveals rise in Bank staff fraud activities
According to the 2023 Banks, SDIs, and PSPs Fraud Report, this is a worrying trend thus warranting a call by the Bank of Ghana for banks to strengthen their internal control mechanisms.
DL News
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
Africa
Nigerian ex-President Muhammadu Buhari's signature forged to withdraw $6m, court hears
Authorities believe that the suspects conspired with Nigeria's former central bank chief Godwin Emefiele
BBC
Africa
Burundi's sacked central bank chief arrested over money laundering accusations
The charges against Dieudonné Murengerantwari are "provisional" pending the outcome of investigations, the justice ministry said.
BBC
Supreme Court News
Nduom can challenge GN Bank License revocation at High Court- Supreme Court
This settles the contention as to whether the businessman was legally bound to go for arbitration per the Banks and Specialised Deposit-Taking Institutions Act, 2016 (Act 930) or fight the action at the High Court
Richard Osei Boateng
Courts
Seek first arbitration – Court of Appeal to TI Microfinance on licence revocation
On October 23, 2019, the Founder of TI Microfinance Limited, Emmanuel Babuboa, filed a certiorari application at the High Court urging the court to quash the decision of the BoG to revoke the operating licence of the company
B&FT
Crime
Ghanaian pleads guilty in $4 m romance fraud scheme
Osei, who was charged in February 2021, pleaded guilty to seven counts of making a false statement to a bank, six counts of wire fraud, and two counts of money laundering.
DL News
Courts
Revocation of GN Bank’s licence: Court of Appeal refers matter to Arbitration
On December 19, 2019, Dr. Nduom and others filed a suit at the High Court, seeking among other things that the court makes an order, quashing the August 16, 2019 decision of the BoG which declared GN Bank insolvent and consequently revoked...
DL News