Capital Bank Case

Sheer Greed! – Judge Fumes Before Sentencing Ato-Essien To 15-Year Jail Term
13 Oct

Sheer Greed! – Judge Fumes Before Sentencing Ato-Essien To 15-Year Jail Term

Wontumi1News, , ,
Justice Eric Kyei Baffour, the judge who sentenced the founder of the defunct Capital Bank, William Ato Essien, has justified his ruling. He said the convict (Ato Essien) demonstrated sheer greed and needed to pay the price for his action. Delivering his ruling on Thursday, October 12, the judge insisted that Mr Essien aimed at stealing gargantuan sums of money from the state through his conduct. According to the judge, nothing was going to have him (Ato Essien) change his mind on the matter. “The convict demonstrated sheer greed in his desire to own another bank besides Capital Bank Ltd…
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Capital Bank Case: Court Rejects Ato Essien’s Application Seeking To Re-Negotiate With A-G
12 May

Capital Bank Case: Court Rejects Ato Essien’s Application Seeking To Re-Negotiate With A-G

Wontumi2Business,
A plea by founder of defunct Capital Bank, William Ato Essien for a chance to re-negotiate with the Attorney General Accra High Court has been thrown out by an Accra High Court. This comes after Ato Essien breached the terms of an agreement that saw him escape jail term with commitment to refunding GH¢90 million to the state, Myjoyonline.com reports. Ato Essien failed to meet the payment deadline for paying GH¢20 million by April 28, 2023, after an initial payment of GH¢34 million. Based on his failure to meet the payment deadline, the Attorney General said they have no choice than to…
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