
The founder of now-defunct UT Bank, Prince Kofi Amoabeng, together with five other persons have been slapped with 42 new charges by the state.
This comes after the state earlier today [Wednesday, February 5, 2020] discontinued the case against Kofi Amoabeng at the circuit court.
The five others being hauled before court are; Johnson Pandit Asiama, Raymond Amanfu, UT Holdings Ltd., Catherine Johnson and Robert Kwesi Armah.
Johnson Pandit Asiama, was the 2nd Deputy Governor of the Bank of Ghana (BOG) between May 2016 and December 2017.
Raymond Amanfu, was the Head of Banking Supervision Department (BSD) at BOG from 2014 to October 2017.
UT Holdings Limited (UT Holdings), is a holding company which held shares in UT Bank Ghana Limited (UT).
Prince Kofi Amoabeng, was the Chief Executive Officer (CEO) of UT from its inception in 2009 until his retirement on 31st December 2015. He is a shareholder and Director of UT Holdings.
Catherine Johnson, was the Head of Treasury who had also acted as the Head of Corporate Banking of UT.
Robert Kwesi Armah, was the General Manager of Corporate Banking of UT.
The new charges slapped against the persons involved include fraudulent breach of trust, fabrication of evidence and deceit of public officer.
More soon.
The post Kofi Amoabeng, five others slapped with 42 new charges appeared first on Citinewsroom - Comprehensive News in Ghana, Current Affairs, Business News , Headlines, Ghana Sports, Entertainment, Politics, Articles, Opinions, Viral Content.
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