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Tag Archives: NDUOM

Full Text: Dr. Nduom writes open letter to President Akufo-Addo

HE. Nana Addo Dankwa Akufo-Addo Jubilee House Accra Dear Mr. President, Ghana Beyond Aid: My Recommendations To Walk the Talk “Ghana Beyond Aid” is a vision put forth by your Administration. You have articulated this forcefully and pushed it in presentations to Ghanaian citizens. You have also stood your ground on …

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Court refers Nduom to arbitration for license revocation redress

The Court of Appeal has referred Dr Papa Kwesi Nduom to Ghana Arbitration Centre for redress, following the revocation of his license during the financial sector clean-up exercise. The court took the decision on Thursday, June 2, 2022, after the Central Bank had filed an application that Dr Nduom refers …

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Nduom sues Republic newspaper for GH¢1m over ‘false’ GN Bank story

The Chairman and President of Groupe Nduom, Dr. Papa Kwesi Nduom, has sued the Republic Press newspaper over a news story published in its Monday, May 30, 2022 edition. The front page of the newspaper carried the headline “Nduom’s GN Bank in Trouble Again” with Dr. Nduom’s name misspelled. Dr. …

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‘Bring Back GN Bank. The People’s Bank!’ – Nduom

Businessman and politician, Dr Papa Kwesi Nduom has said that his bank, GN Bank, that was collapsed during the banking sector cleanup exercise in 2019, should be brought back. In a Facebook post on Saturday March 19, he said “Indigenous, Home Grown Product.#Bring Back GN Bank…The People’s Bank!.” During the …

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Dr Papa Kwesi Nduom wins appeal in US

A District Judge of the United States Federal court in Chicago, Illinois, Thomas M. Durkin, has dismissed an appeal filed by Birim Group against Dr. Papa Kwesi Nduom and 18 others. In US Federal court ruling available to GhanaWeb, Judge Durkin stated, “having reviewed the parties’ submissions, the Court finds …

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US Court throws out $63 million Money Laundering suit against Nduom

Charges against the businessman, Dr Papa Kwesi Nduom by an equity fund and securities investment company based in the United States, Birim Group LLC have been dismissed. This was made known by Dr. Papa Kwesi Ndoum in a post he shared on social media celebrating the feat and the fact …

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Nduom sues Hopeson Adorye, 2 others

One of Ghana’s successful and celebrated entrepreneurs, Dr Papa Kwesi Nduom, says he has had enough of the deliberate and malicious campaigns that have been waged against his person, his family and businesses the past four years. Many of the negative campaigners and dirt throwers are people who have sought …

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Alleged money laundering: Groupe Nduom, others sued for $63m in the US

  \ • Papa Kwesi Nduom’s Groupe Nduom has been cited in a lawsuit by a US-based company for alleged involvement in money laundering and wire fraud • The Plaintiff, Birim Group LLC accused Mr. Nduom and his family of executing some of the alleged criminal activities through his established …

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Include Gold Coast Fund Management in bailout package

A 70-year-old Wilson Antwi, one of the customers of the defunct Gold Coast Fund Management (GCFM) has appealed to the Government to include customers of the company in its (Government’s) bailout package. The wheelchair-bound former Mechanical Engineer told the Ghana News Agency that he lost his wife because he could …

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Revoking my licence gave me health problems — Dr Nduom

Chairman of Groupe Nduom, Dr Papa Kwesi Nduom, has disclosed how the revocation of his licence to operate GN bank jeopardized his health. Narrating his ordeal, Dr Nduom said August 16, 2020, would forever remain “a day of infamy, treachery and robbery of the rights and assets of indigenous Ghanaian …

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