Beige Bank trial

Beige Bank Trial: Almost All Companies That Received Over GH¢21.12m Belongs To Nyinaku — Investigator
08 Aug

Beige Bank Trial: Almost All Companies That Received Over GH¢21.12m Belongs To Nyinaku — Investigator

wontumionlineNews,
Assistant Superintendent of Police Joseph Abednego Atsha, the investigator in the trial of Michael Nyinaku, CEO of defunct Beige Bank says nine out of the 10 companies that ₵21,123,270 was transferred to were owned by the accused person. He said investigations revealed that the transfer was made to two other individuals. The witness said the amounts transferred by the accused to the nine companies are as follows: Alberry-GH₵5,240,000, DYI Limited -GH₵6,000,000, Legacy Pensions Trust-GH₵427,000, and Adelia Limited-GH₵1,010,000. The rest are Beige Acadamy-GH₵250,000, Beige Assur-GH₵627,000, Be Venture Ltd -GH₵1,740,000, Beige Care-GH₵392,000, and Beige Capital Limited-GH₵2,200,000. ASP Atsha, who is the fifth…
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Beige Bank Trial: GH¢21,123,270 Was Transferred To 10 Companies And Two Individuals – Investigator
03 Aug

Beige Bank Trial: GH¢21,123,270 Was Transferred To 10 Companies And Two Individuals – Investigator

wontumionlineBusiness,
Assistant Superintendent of Police (ASP) Joseph Abednego Atsha, the investigator in the trial of Michael Nyinaku, CEO of defunct Beige Bank said investigations revealed that total of GH¢21,123,270 out of the GH¢320million was transferred to 10 companies and two individuals. ASP Atsha, who is the fifth Prosecution Witnesses had earlier testified that his investigations revealed that a total of GH¢320milion was transferred from the account of various customers of Beige Bank into the account of BCAM and subsequently transferred into the suspicious First Africa Savings and Loans (FASL) account on the instructions of the Nyinaku. In a further cross-examination by…
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