September 25, 2023


Discovering to Inform

Kofi Amoabeng, 5 others slapped with new charges

1 min read

The Attorney -General (A-G) has filed new charges at the Accra High Court against Prince Kofi Amoabeng, the founder of the defunct UTBank, over the collapse of the bank.

The charge sheet filed at the Accra High Court Wednesday named as accused persons Dr Johnson Asiama; a former 2nd Deputy Governor of the Bank of Ghana (BoG), Raymond Amanfu; a former Head of the Banking Supervision Division (BSD) of the BoG, Catherine Johnson; Head of Treasury of the UTBank, Robert Kwesi Armah; General Manager of Corporate Banking of UT Bank and UT Holdings; the parent company of UT Bank.

Dr Asiama and Amanfu have been charged with willfully causing financial loss to the state, while Amoabeng and the other accused persons have been charged with various offenses such as fraudulent breach of trust, deceit of a public officer, fabrication of evidence among other charges.

Source: graphiconline

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