Wiliam Ato Essien

Court Rejects Ato Essien’ GHS90 Million Offer

Court Rejects Ato Essien’ GHS90 Million Offer

An Accra High Court has rejected the terms of settlement reached by former Chief Executive Officer of defunct Capital Bank, Wiliam Ato Essien and the Office of the Attorney General to refund GHS90 million he stole from the bank. Mr. Essien is on trial with defunct bank’s former Managing Director, Fitzgerald Odonkor as well as Tetteh Nettey, a former Managing Director of MC Management Service owned by Mr. Essien for stealing from the GHS620 million liquidity support give to the struggling bank by the Bank of Ghana The curt after three years of trial was set to deliver its judgement…
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