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Kofi Amoabeng reveals ‘who’ collapsed UT Bank, clears Ofori-Atta of blame

Former Chief Executive Officer of the defunct UT Bank, Prince Kofi Amoabeng has spoken about what led to the collapse of his bank; the UT Banks, some 6 years after its collapse. The UT Bank was one of many affected during the New Patriotic Party (NPP)’s banking sector cleanup, leading …

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Kofi Amoabeng speaks, reveals what collapsed UT Bank

The Former Chief Executive Officer (CEO) of defunct UT Bank, Mr Prince Kofi Amoabeng, says the high level of non-performing loans contributed significantly towards the bank’s collapse. He added that acts of thievery by some staff also played a role in the bank’s liquidation. Mr Amoabeng in a media interview …

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UT Bank collapse: EOCO takes over Kofi Amoabeng’s mansion

The Economic and Organised Crime Office (EOCO) has taken over a plush house of embattled former Managing Director of defunct UT Bank, Mr Prince Kofi Amoabeng, MyNewsGh.com has confirmed. The house according to checks by this portal is located at Kukurantumi in the East Akim District of the Eastern Region, …

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UT Bank collapse: I think of jail – Kofi Amoabeng confesses

Chief Executive Officer for defunct UT Bank, Kofi Amoabeng says he sometimes think about jail. Kofi Amoabeng’s UT Bank was part of the banks which were closed down due to their liquidity issues and the utter disregard for Corporate Governance. Speaking in an interview with Accra-based Mx-24 monitored by MyNewsGh.com he indicated …

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BREAKING: GT Bank and Access Bank On Fire

Angry Nigerian protestors have set three new generational bank buildings ablaze along the Admiralty Way in Lekki, Lagos. The three banks have been identified as Polaris, GTB and Access Bank branches. The incident reportedly happened on Tuesday night following shootings by security agents at #EndSARS protesters demonstrating against police brutality …

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