Prince Kofi Amoabeng, former Chief Executive Officer of UT Bank has made his maiden appearance before an Accra Circuit Court on Tuesday on the charges of stealing and money laundering. Amoabeng however denied the charges with the amount involved up to the tune of GHC51,334,338.00 and $8.6 million. The court presided over by Mr. Justice […]
Tag: ghana commercial bank
Amoabeng’s case adjourned to February 5
Court The trial of Prince Kofi Amoabeng, former Chief Executive Officer of UT Bank, who is being held on the charges of stealing and money laundering, has been adjourned to February 5. The adjournment came after the court has directed the prosecution to file all documents they intend to rely on for the trial on […]
Kofi Amoabeng in court over UT bank collapse
Kofi Amoabeng in court over UT bank collapse Mr Amoabeng in Court Tuesday with some of his friends. Founder of the now-defunct UT Bank, Prince Kofi Amoabeng, in court over the collapse of the bank. Information about the arrest of the respected business mogul is just trickling in, however, Joy News’ Kwesi-Parker Wilson reports that […]
Banking Sector Corruption Cause Of 31st Dec Revolution — Rawlings
Listen to article Ex-President Jerry John Rawlings has said the banking sector crippled by massive corruption in 1981 was one of the reasons which made the 31st December revolution necessary. He said this happened as a result of exploitation by some people who were only interested in their selfish gains. “The banking sector especially the […]
Fire Guts Bekwai GCB Office
Listen to article The timely intervention of fire officers prevented further spread of fire from the Bekwai branch of the Ghana Commercial Bank Limited in the Ashanti Region. The facility was formerly used as an office space by the Social Security and National Insurance Trust (SSNIT). Ashanti Bekwai Municipal Fire Officer, D. O 2 Amos […]
Rare video of Ghana adopting the cedi notes and pesewa coins in 1965 pops up
The cedi note bore the portrait of the country’s first President, Dr. Kwame Nkrumah Rare footage of Ghana adopting its first cedi and pesewa coins in 1965 has surfaced on the internet. The video, monitored by GhanaWeb saw a queue of Ghanaians lined up at the Ghana Commercial Bank to exchange the then “Ghana Pound’s” […]
31st December speech: Rawlings berates Adom-Otchere, says he spews nonsense
Former President Jerry John Rawlings Former President Jerry John Rawlings has chastised host of Good Evening Ghana, Paul Adom-Otchere, saying that he always spews out nonsense on his television programme. “That small boy called Adom-Otchere or something wakes up every day to speak nonsense,” he said. Addressing a durbar to climax the 38th anniversary of […]
Rawlings hiding under immunity clauses to hijack NDC, justify coups – Kwaku Azar ‘fires’
Former President, Jerry John Rawlings Professor Stephen Kwaku Asare alias Kwaku Azar has enjoined Ghanaians to ensure that former President Jerry John Rawlings does not continue to hijack the National Democratic Congress( NDC) and justify his crimes against the state by seeking to rewrite the history of the country. At the commemoration of the 31st […]
Alex Mould’s beautiful daughter is dead; cause of death revealed
– Alex Mould’s daughter, Naa Densua has been confirmed dead – Naa Densua was diagnosed with malaria during the Christmas holidays and she died in January – She died in Mauritius after travelling there for the Christmas holidays Our Manifesto: This is what YEN.com.gh believes in Former Chief Executive Officer of Ghana National Petroleum Corporation, […]
Ghana to issue digital currency in ‘near future’
Ghana’s central bank is considering the issue of a digital currency to complement the growth in electronic payment systems, such as mobile money. The governor of the West African nation’s central bank, Ernest Addison, said Ghana could issue a digital form of the nation’s currency, the cedi, in the "near future" and is in talks […]