Tag Archives: ASSETS

The Office of the Special Prosecutor led by Kissi Agyebeng has again filed an originating motion at the High Court seeking confirmation of seizure and freezing orders of financial assets of former Sanitation Minister, Cecilia Dapaah. The motion filed on Monday, September 11, is expected to be heard on October 18, 2023 in …

Jacob Ponle better known as Mr. Woodberry, who is a friend and accomplice of internet fraudster Ramon Abbas popularly known as Hushpuppi who is serving an 11-year jail term in the US prison has admitted to committing wire fraud. The fraudster consented to turn over to the foreign government his …

Billionaires often accumulate and increase their wealth by founding and owning stakes in multiple companies. This is because owning multiple businesses provides a consistent source of income and the potential for a sustained increase in profits and valuation. By diversifying their investments across multiple companies, billionaires can reduce their exposure …

The Angola Supreme Court (ASC) has ordered the preventive seizure of several assets of former president’s daughter Isabel dos Santos, valued at $1 billion, as requested by the Public Ministry, media reported Tuesday, December 27, 2022. According to the state-owned Jornal de Angola, the order comes after indications of embezzlement …

A report by the Bank of Ghana (BoG) has found GH¢116 million in untraceable assets from failed microfinance and savings and loans in Ghana. The report states that 100 properties have been sent to the Economic and Organized Crime Office (EOCO) for investigation to determine their ownership status by the BoG through …

  An Accra High Court has dismissed a request by the Special Prosecutor, Kissi Agyabeng, to extend his power to freeze the assets of the late CEO of Forestry Commission, Kwadwo Owusu Afriyie, also known as Sir John. The Special Prosecutor announced that the assets of the former Chief Executive of …

Shell Plc said it has suspended its plans to sell its onshore oil assets in Nigeria, responding to a Supreme Court suit over oil leak appeal filed by a community in Bayelsa State. The oil major had announced its plans of divestment in May 2021. It was subsequently sued by …

The Special Prosecutor has frozen all assets of the late Chief Executive Officer of the Forestry Commission, Kwadwo Owusu Afriyie. The deceased CEO popularly known as Sir John is the subject of investigations after his Will which contains state lands at the Achimota Forest and the Sakumono Ramsar Site was …

It has emerged that some appointees of the Nana Addo Dankwa Akufo-Addo government never declared their assets as required by law. GhanaWeb sighted a report by Accra-based online portal – The Fourth Estate – indicating that 19 of the minister’s President Akufo-Addo swore into office during his first term violated the law. According …

In January 2017, President Nana Addo Dankwa Akufo-Addo declared his assets some days after being sworn into power in line with the constitutional requirement stipulated in Act 550 of the 1992 Republican Constitution. Exactly two weeks after his inauguration on January 7, he declared his assets on the 27th of January …