Dr Duffour ‘dishonestly’ paid GH¢35 million from UniBank to buy shares from GOIL, here are the charges against him, 8 others The court has also ordered the accused persons to deposit their passports with the clerk.
The nine persons are facing trial for the alleged embezzlement of GH¢5.7 billion which is said to have led to the collapse of UniBank.
They are facing charges of conspiracy to money laundering, commit crime, fraudulent breach of trust and dishonestly appropriating funds of depositors.
During the proceedings on Wednesday, February 12, 2020, the Attorney General, Gloria Akuffo presented the facts of the case charging Mr Asiamah, Dr Duffour and seven others.
Here’s the list of charges against Dr Duffour, 8 others
According to the Facts Sheet as filed by the Attorney General, “Dr Kwabena Duffuor, the 1st accused person, is a shareholder of UniBank Ghana Limited (uniBank) and the ultimate beneficial owner of HODA Holdings Company Limited (HODA).
HODA, the 2nd accused person, is a holding company and the majority shareholder of UniBank. Johnson Pandit Asiama, the 3rd accused person, was the 2nd Deputy Governor of the Bank of Ghana (BOG) between April 2016 and January 2018.
The 4th accused person, Kwabena Duffuor II, formerly a Chief Operating Officer (COO) of uniBank subsequently became the Chief Executive Officer (CEO) of uniBank between June 2017 and March 2018. The 5th accused person, Ekow Nyarko Dadzie-Dennis, who was a COO of uniBank is a member of the Board of Directors of WAICA Reinsurance Corporation Plc (WAICA-Re), Sierra Leone.
The 6th accused person, Elsie Dansoa Kyereh, was an Executive Head of Corporate Banking at uniBank. The 7th accused person, Jeffrey Amon, was a Senior Relationship Manager of Corporate Banking at uniBank. The 8th accused person, Benjamin Ofori was the Executive Head of Credit Risk at uniBank.
The 9th accused person, Kwadwo Opoku Okoh, was a Financial Control Manager of uniBank and is Head of Finance of HODA.”
The Facts Sheet states that “UniBank went into official administration on 20th March 2018 and was placed in receivership on 1st August 2018. KPMG, the Official Administrator, in the course of its duties discovered that about GH¢5.7 billion had become due from shareholders of uniBank as of 20th March 2018.No security nor proper credit arrangements were made for the payment of the amount which remains unpaid. The debt of GH¢5.7 billion was made up of two components, namely, a Deferred Expenditure Account (DEA) together with other […]