The Office of the President has strongly refuted reports circulating in the media that President Nana Addo Dankwa Akufo-Addo has granted a presidential pardon to 11 individuals. In a statement issued on January 6, 2025, Eugene Arhin, the Director of Communications, clarified that the reports were inaccurate. The statement emphasized …
Read More »Former Capital Bank CEO Ato Essien Jailed 15 Years
Founder of defunct Capital Bank, William Ato Essien has been sentenced to 15 years in prison by an Accra High Court today. Mr Essien was convicted of stealing over GH¢90m of Bank of Ghana’s liquidity support to the now-defunct financial institution. This comes after his inability to fully pay the …
Read More »Jail Ato Essien For Failing To Pay ¢20m To State – Attorney General Tells Court
The Attorney-General and Minister for Justice, Godfred Yeboah Dame has asked the High Court to impose a custodial sentence on the founder of defunct Capital Bank, William Ato Essien, over his failure to pay ¢20 million to the state. Mr Essien in 2022 entered into an agreement with the state …
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