Tag Archives: Capital Bank

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 …

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 …