Results for "Ato Essien"
142 results.
Courts
Capital Bank case: High Court rejects settlement between Ato Essien and State
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 seeks changes to appeal against 15-year jail term
The application, filed on October 5, 2026, seeks to revise some of the grounds upon which the former banking executive is challenging his conviction and sentence.
DL News
Supreme Court News
Supreme Court denies Ato Essien special leave to appeal Court of Appeal ruling
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
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
Courts
I expressed reservations about GH¢ 27.5M paid to Ato Essien – Capital Bank former MD
State Prosecutors have accused the founder of the bank, William Ato Essien, and two others 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.
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
Capital Bank Case: GHC 100 m to All Time Capital was approved by the Board – Former MD
Rev. Odonkor is standing trial alongside the bank’s founder Ato Essien and businessman, Dr. Tetteh Nettey for various offenses - stealing, abetment to steal, conspiracy to steal, and money laundering.
DL News
Courts
Why Ato Essien was given lifeline to honour restitution deal
According to the judge, Ato Essien has informed the court about ongoing plans to sell assets in some companies owned by him in order to pay the outstanding amount on his restitution deal.
DL News
Courts
Jail Ato Essien for breaching restitution deal - AG to court
Ato Essien, who was standing trial with two others for stealing depositors' funds after the collapse of his bank, had reached an agreement with the AG’s department in December 2022, to pay an amount of Ghc 90 million as restitution to the s...
DL News
Business
Ato Essien pleads for time to take advantage of Reparation and Restitution under Court’s Act
“We have sent a letter to the prosecution requesting that discussion should resume, and we have received response from the prosecution indicating their willingness to afford us the opportunity.
DL News
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
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
Courts
High Court to rule on no case submission by Essien, others on July 8
The Accra High Court would deliver its judgment on the application filed by Mr. Essien and the other three persons who stand accused of contributing to the bank’s collapse by illegally withdrawing depositors’ monies
DL News
Courts
GH¢ 620m liquidity support: Ato Essien denies taking Gh¢ 200m
Essien denied the assertion, stating that he only got GH¢27.5 million, which was legitimately paid to him by the Capital Bank for his role as a transaction advisor in securing the liquidity support from the BoG.
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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
Capital Bank Trial: 3rd accused denies signing letter engaging All Time Capital
While being cross-examined by Chief State Attorney, Evelyn Keelson, on Thursday, March 31, he stated that the documents were fake and that he did not draft them.
DL News