Defunct S&L-Microfinance Firms: Receiver to Disburse GHS5bn from 24 February 2020 – Nana Addo

President Akufo-Addo has announced that the Receiver of the defunct Savings and Loans and Microfinance Companies will start paying locked up funds of customers from Monday, 24 February 2020. The President disclosed that the Receiver is ready to disburse 5 billion cedis in addition to the 13 billion cedis that has already been spent on […]

Amoabeng & Co Get GH¢320m

The former Chief Executive Officer of insolvent UT Bank which is now defunct, Prince Kofi Amoabeng, and five others charged with their alleged conduct leading to depositors of the bank losing money were yesterday granted a total of GH¢320 million bail by an Accra High Court. The court presided over by Justice Bright Mensah, a […]

Receiver Accrues GHS2.6 Million from 1st Auction of Seized Cars

The Receiver for the collapsed microfinance and Savings Loans companies, has raked in about 2.6 million cedis from the auction sale of the first batch of confiscated vehicles owned by the defunct companies. The 5-day exercise is part of efforts to recoup monies to pay affected depositors. A variety of salon cars were put up […]

Customers of collapsed microfinance firms will be paid in full this year – Ofori Atta

Dr Kwabena Duffour, a former Minister of Finance and owner of defunct Unibank and his son, Kwabena Duffour II, the former Deputy Governor of the Bank of Ghana (BoG) and six others have been charged with various charges including conspiracy to commit crime, fraud, money laundering which led to the collapse of the bank in 2017.

KOFI AMOABENG, 5 OTHERS SLAPPED WITH 42 NEW CHARGES

Dr Kwabena Duffour, a former Minister of Finance and owner of defunct Unibank and his son, Kwabena Duffour II, the former Deputy Governor of the Bank of Ghana (BoG) and six others have been charged with various charges including conspiracy to commit crime, fraud, money laundering which led to the collapse of the bank in 2017.

Duffuor, Asiama, Amoabeng, others hauled before court

Dr Kwabena Duffour, a former Minister of Finance and owner of defunct Unibank and his son, Kwabena Duffour II, the former Deputy Governor of the Bank of Ghana (BoG) and six others have been charged with various charges including conspiracy to commit crime, fraud, money laundering which led to the collapse of the bank in 2017.