Just in: Prince Kofi Amoabeng arrested by police in connection with collapse of UT Bank

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Information reaching BestNewsGH.com indicate that former Chief Executive Officer of UT Bank and chairman of UT Group of companies, Prince Kofi Amaobeng has been arrested by police in connection with the collapse of UT Bank.

BestNewsGH.com is informed Mr. Amoabeng was picked up at his office in the morning of today, Tuesday, January 14, 2020 and taken to circuit court 4.

His arrest comes on the heels of several others that have been effected already and who are being tried for allegedly playing various roles, leading to the banking crisis.

William Ato Essien, former Chief Executive Officer and founder of capital bank is already standing trial on as many as 26 charges including stealing of various sums running into about 260 Million Ghana Cedis.

Source: BestNewsGH.com

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Kennedy Mornah is an Award Winning Ghanaian Journalist with over two decades of experience in the Ghanaian Media landscape spanning the electronic, print and digital media. He is a Media Consultant, a Corporate MC, Radio and TV Host, Founder and Publisher of the Maritime and Transport Digest Newspaper, Businessman, a Go getter and an optimist. He has worked for renowned media organizations including Diamond Fm in Tamale, Luv Fm in Kumasi, Oman Fm in Accra and Starr Fm in Accra In 2017 he received the Reporter of the Year Award at the Ghana Shippers Awards in Accra, Ghana.

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