The outgoing president, Nana Akufo-Addo, has granted a presidential pardon to William Ato Essien and 10 other convicted individuals. Mr Ato Essien, the founder of the defunct Capital Bank, was sentenced to 15 years in prison by an Accra High Court in October 2023. He was convicted of embezzling over GH¢90 million of the Bank […]
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 has rejected an amount of Ghc90m by William Ato Essien, the Founder of the defunct Capital Bank to possibly escape jail in a trial in which he has been accused of stealing depositors fund. Justice Eric Kyei Baffour was ready today with his judgment but had to pause after lawyers for […]
JoyNews reproduced the facts of the case as presented by the state in the trial of the founder of defunct Capital Bank Ato Essien and three others. They have been slapped with 26 charges including stealing of various sums in excess of ¢260 million. Republic vs William Ato Essien Tetteh Nettey Fitzgerald Odonkor Kate Quartey-Papafio FACTS The […]
