The Accra High Court has given another lifeline to the convicted Founder of the Capital Bank, William Ato Essien by extending the payment of GH¢20million restitution to the state to July 27, 2023. The GH¢20 million represents the first tranche of a total of 60 million expected to be paid to the state. The court, […]
The High Court in Accra has rejected an attempt by the founder of the defunct Capital Bank, William Ato Essien, to renegotiate a GH¢60 million settlement to the state. Essien who was convicted for stealing over GH¢90million of Bank of Ghana’s liquidity support to the bank was supposed to have paid 20 million of the […]
The Accra High Court will on July 8, this year, rule on a submission of “no case” filed by the Founder of the defunct Capital Bank, William Ato Essien, and three others accused of stealing depositors’ funds leading to the collapse of the bank. The other accused persons are the then Managing Director of the […]
