The Receivership Process of the Banking Sector Clean-Up Exercise

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COURT DISMISSES ATO ESSIEN’S CASE – ORDERS HIM TO OPEN DEFENCE

The Commercial Division of the Accra High Court has dismissed an application by the Founder of the defunct Capital Bank, William Ato Essien, which sought …

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SALE OF VEHICLES AND CHATTELS OF PREMIUM BANK AND HERITAGE BANK GHANA LIMITED (ALL IN RECEIVERSHIP)

IN THE MATTER OF THE BANKS AND SPECIALISED DEPOSIT-TAKING INSTITUTIONS ACT, 2016 (ACT 930)  IN THE MATTER OF THE RECEIVERSHIP OF PREMIUM BANK GHANA LIMITED …

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GOVERNOR ADDISON EXPLAINS WHY BOG DECLINED PARLIAMENT’S INVITATION

Governor of the Bank of Ghana, Dr. Ernest Addison, has provided a detail response to the reason the Central Bank will not be appearing before …

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BANKING SECTOR CLEAN UP: SOME CUSTOMERS YET TO RECEIVE THEIR MONEY – ERIC NIPAH

The Joint Receiver of the collapse Banks and Microfinance institutions has revealed that some customers are yet to receive their monies.  According to Mr Eric …

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ATO ESSIEN’S NO-CASE APPLICATION: COURT TO RULE JULY 8

The Accra High Court will on July 8, this year, rule on a submission of “no case” filed by the Founder of the defunct Capital …

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BOG BOUNCES DUFFUOR, AMOABENG

The Bank of Ghana (BoG) has insisted that it would not appear before a parliamentary committee probing into the circumstances surrounding the revocation of licences …

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POST BANKING SECTOR CLEAN-UP: BOG GOVERNOR BLAMES SLOW JUDICIAL PROCESS

After spending some GH¢25billion of taxpayers’ money to settle depositors of various financial institutions in a radical clean-up, only GH¢1.7billion of that cash has been …

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