Results for "Stanbic Bank Ghana Limited"
5721 results.
Courts
Ato Forson’s Case: Financing agreement with Stanbic Bank was cancelled – Witness
“I am unable to say why the financing agreement between Stanbic Bank and Government was not signed,” Mr Emmanuel Evan Mensah said.
GNA
General
The departure which must itself be departed from-Comment on the Supreme Court Decision of GHANA TELECOMMUNICATIONS CO. LTD & ANOR v ATTA VI.
This writer submits that the Ogyeadom case could never, as perceived by the Court, have settled the question whether or not the Court is jurisdictionally competent to entertain and grant an application for stay of execution pending the dete...
Thaddeus Sory Esq.
Crime
Sibton Switch Limited Transaction: Official of Bank of Ghana was dismissed for gross misconduct
Sibton Switch Systems Limited filed a request for arbitration on April 9, 2018, against the Bank of Ghana specifically citing a breach by the BoG relative to the termination of the master agreement for the Ghana Retail Payment Systems Infra...
DL News
Courts
Submission of no case: High Court to deliver a ruling in Capital Bank case
The four have been charged with 26 counts of conspiracy to steal, abetment of crime, namely stealing, stealing, and money laundering
DL News
Courts
Former CEO of Beige Bank charged with money laundering, theft
He is expected to appear before the Financial and Economic Crime Division of the High Court in Accra to answer the various charges, according to a suit filed by the Attorney General’s Office on November 2, this year.
GNA
Courts
Fidelity Bank Wrongfully Froze Customer’s Account - Court of Appeal Affirms High Court Judgment
The Court of Appeal’s decision reinforces the principle that banks must respect and comply with valid court orders and cannot assume the role of the court by independently deciding how pending litigation should affect a customer’s banking r...
DL News
Business
Petroleum Authority revokes licences of 30 Oil Marketing Companies
“The General Public is hereby warned that engaging with the affected OMCs is at their own risk."
DL News
Business
BoG is a constitutional creation: It cannot decline parliamentary investigations
The central bank declined Parliament's invitation, bringing up instead, a response on its mandate and statutory powers to undertake the banking sector clean-up exercise.
DL News
Courts
Court grants businessman bail over alleged GH¢3m fraud
Alhaji Fareed Amin Yakubu, is also said to have issued fake Stanbic and First Atlantic Bank cheques
GNA
General
CASE STUDY: INSOLVENCY AND CORPORATE RESTRUCTURING OF THE BANKS IN GHANA
Between the years 2017 and 2019, Ghana’s banking sector underwent an unprecedented period of reform which was prompted by widespread regulatory breaches, poor governance, undercapitalization, and unsustainable lending practices.
Ama Anima Konadu
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
Daniel Ofori vs. Ecobank Ghana Limited and 2 Others Revisited
“From the totality of the evidence before us and the application of the relevant law, the court holds that, the Respondent is entitled to monthly compounded interest on its principal investment sum of Gh¢6,162,240.00, calculated at a monthl...
DL News
Courts
Capital Bank case: Court accepts Ato Essien's GHC 90m restitution deal
Aided by Fitzgerald Odonkor, Ato Essien is alleged to have transferred an amount of GH¢120 million of the BoG's liquidity support to All-Time Capital Limited, an investment management and advisory firm.
DL News
Crime
AfDB debars Sargittarius Nigeria for 18 months for fraudulent practices
The debarment renders Sargittarius Nigeria Limited and its affiliates ineligible to participate in Bank Group-financed projects during the debarment period.
DL News
Courts
Ato Forson instructed BoG to establish letters of credit contrary to contract's terms –Agyemang Manu tells court
Mr. Agyemang Manu indicated that contrary to the terms of the contract, a letter, which the first accused person authored, Cassiel Ato Forson, was sent to the Bank of Ghana, instructing the latter to establish letters of credit.
DL News
General
Full text: Report of OSP on contractual arrangements involving Finance Ministry, GRA and SML
This report is founded on sections 2 and 3 of the Office of the Special Prosecutor Act, 2017 (Act 959) and regulation 31(1)(g) of the Office of the Special Prosecutor (Operations) Regulations, 2018 (L.I. 2374).
DL News