The Founder of collapsed uniBank Ghana Limited, Dr Kwabena Duffuor has petitioned Parliament to investigate circumstances that led to the collapse of the bank by the Bank of Ghana. In a petition to Parliament, Dr Duffuor is asking Ghana’s law-making body to: (i): investigate the conduct of the Bank of …
Read More »unibank lawyers lament over document legibility
Lawyers of Dr Kwabena Duffour and six others who are being tried for the collapse of Unibank Ghana Limited on Thursday lamented over legibility of some documents served on them by the state. The lawyers, who took turns to address the High Court, contended that some of the pre-trial documents that the …
Read More »uniBank case: Court orders AG to furnish defence team with documents by June 15
A High Court presided over by Justice Philip Bright Mensah, a Court of Appeal Judge sitting with additional responsibility as a High Court Judge, has ordered State Prosecutors to furnish the defence team in the case of the Republic versus Dr. Kwabena Duffuor and eight (8) others with all documents …
Read More »Go back to arbitration with unibank shareholders – Court orders BoG
An Accra High court has ordered the Bank of Ghana to go back to arbitration with shareholders of unibank over the revocation of the bank’s license in 2018. The court has also directed the parties involved in the case to choose their own arbitrator in the matter. The court ruling …
Read More »UniBank collapse: I won’t honour your invitation – Duffuor to SIT
Former Finance Minister Dr Kwabena Duffuor has said he will not honour the invitation of the Special Investigative Team (SIT) which is probing the collapse of uniBank – which he founded. The former Governor of the Bank of Ghana has also asked the head of the SIT, COP Edward Tabriri, …
Read More »Kwabena Duffuor, others sued over GHC5.7bn uniBank cash
Defunct uniBank Ghana Limited under the receivership of Nii Amanor Duodoo has sued Dr. Kwabena Duffour, HODA Holdings Ltd, Star life Assurance and 7 others at the High Court. The plaintiff, uniBank, among other reliefs is praying the court for an order for the recovery of some 5.7 billion cedis …
Read More »BoG unhappy with receivers, describes receivership process as too slow
The Bank of Ghana has expressed its frustration over the slow pace of work by the two receivers appointed in the aftermath of seven banks collapsing over the last two years. Speaking in an interview on the sidelines of IMF/World Bank Spring Meetings in Washington, DC, Dr. Ernest Addison said …
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