The founder and CEO of the now-defunct UT Bank, Mr Prince Kofi Amoabeng has described as unfair and unfortunate, the revocation of the licence of Ghanaian-owned Heritage Bank Ghana Limited, whose founder has always argued that the bank was collapsed despite its books being above board. Asked directly by Accra-based TV3’s Paa Kwesi Asare in […]
THE Herald has intercepted incontrovertible evidence that indicate that the Bank of Ghana (BoG) received a cash transfer totalling GHS90 million from the now collapsed Heritage Bank Ghana Limited as minimum capital to help meet the requirements of the licence granted its shareholders. The documents indicated that the money was transferred by Stanbic Bank Ghana […]
The majority shareholder of the now-defunct Heritage Bank Ghana Limited, Mr Seidu Agongo, has bemoaned what he describes as the “sad end” to the indigenous financial institution following news of the scheduled auctioning of the collapsed bank’s assets. Narrating the dream behind setting up HBL, Mr Agongo, in a short write-up, said: “In July 2014, […]
The Member of Parliament for Bolgatanga Central constituency in the Upper East Region, Isaac Adongo, is accusing the Bank of Ghana (BoG) of deliberately ‘killing’ Ghanaian owned Heritage Bank, explaining that the action smacks of discrimination. According to him, it is ridiculous for the BoG to collapse Heritage Bank and overlook another indigenous Bank which […]
Embattled majority shareholder of now defunct Heritage Bank Seidu Agongo has said he is not a novice in the business arena and cannot be pushed around as though he was a common criminal. ‘’I have been in business since 2001 and I have since founded about fifteen (15) entities in areas such as Real Estate, […]
The Bank of Ghana on Friday, 4th January 2019 announced the revocation of the banking licence of Heritage Bank Limited on the following grounds; (1) Suspicions relating to the source of the bank’s capital and matters related therewith including the claim that it was derived from contracts with COCOBOD which were the subject matter of […]
The Ghana Ports and Harbours Authority, has contributed to boosting the initiative of the government to provide free, quality education at the secondary school level in Ghana by donating 10,000 copies of Maths textbooks to the Ministry of Education. Other public and private sector organizations such as the Ghana Revenue Authority, the Ghana Shippers’ Authority, […]
