Business

State charges Asiama, Duffour and 7 others over collapse of uniBank

1 Mins read

A former Deputy Governor of the Bank of Ghana (BoG), founder of uniBank Ghana Limited and his son as well as six others have been charged by the state with 68 offences for their roles leading to the collapse of the bank in 2017.

Kwabena Duffour, Hoda Holdings Limited, Johnson Pandit Asiama, Kwabena Duffour II, Ekow Nyarko Dadzie-Dennis, Elsie Dansoa Kyereh, Jeffrey Amon, Benjamin Ofori and Kwadwo Opoku Okoh were cited in the charge sheet presented to the Accra High Court.

The charges include conspiracy to money laundering, commit crime, fraudulent breach of trust and dishonestly appropriating funds of depositors.

In a document dated February 5, it said Kwabena Duffuor II and Ekow Nyarko Dadzie-Dennis in 2014 agreed to act together with a common purpose to dishonestly appropriate the sum of ¢48,269,477.75 which was entrusted to them in trust for depositors of uniBank Ghana Limited.

This, the state said amounts to a fraudulent breach of trust, contrary to section 128 of the Criminal Offences Act, 1960 (Act 29).

According to the state, the two individuals transferred the said amount to related parties of uniBank Ghana Limited knowing it to be proceeds of crime.

The two were also charged with coming together to dishonestly appropriate the sum of GH¢164,051,706.14 which was entrusted to them by depositors of the bank.

 

Related posts
BusinessHeadlineInvestments

Tullow plans US$300m investment

3 Mins read
Tullow plans US$300m investment Tullow plans to invest US$300million into Ghana in 2023 – out of the group investment of US$400million, primarily…
AfCFTABanking and FinanceBusinessNews

Be champions of intra-African trade – Akufo-Addo urges APD business leaders

4 Mins read
Be champions of intra-African trade – Akufo-Addo urges APD business leaders Akufo-Addo made the call when he addressed participants of the Africa…
BusinesslocalNews

YouStart will help the youth become their own bosses, says NEIP CEO

4 Mins read
YouStart will help the youth become their own bosses, says NEIP CEO The YouStart programme was announced in the 2022 Budget Statement…

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!