Audio By Carbonatix
The Supreme Court has upheld an objection against an oral application by Tsatsu Tsikata for tighter controls in the auditing of pink sheets, after respondents raised an alarm that a head count of the number of boxes of pink sheets at the registry shows an increase in number.
Presiding judge William Atuguba in his ruling said “concerns raised by respondents can be put before the referee - KPMG”.
There were fierce and heated arguments between counsel for the first and third respondents on one side, and the counsel for the petitioners in court today over the allegation of extra boxes.
The court had to go on recess for about an hour to consider the submissions proffered by the parties before it arrived at its ruling.
The ruling was explicit that the respondents can go back to the referee, which is KPMG, to formally lodge a complaint about their suspicion, which Mr Atuguba said would be incorporated into the report of KPMG.
The respondents would also be given the chance to cross-examine the report, he indicated.
Counsel for the third respondent, Tsatsu Tsikata, this morning complained to the Supreme Court of seven boxes which he claimed have been added to the “original” number of 24 boxes counted by KPMG per orders of Justice Atuguba.
He said it bothered on “matters of criminality”.
However, lead counsel for the petitioners, Mr Philip Addison also accused respondents' counsel of cooking up stories ostensibly to halt the auditing of pink sheet exhibits by KPMG.
But after recess, Atuguba said the happening was “ incidental” and directed that the respondents report to the referee, KPMG.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Calls grow for NHIS to cover prescription glasses after over 500 miss free eye care in Bono Region
2 minutes -
Death toll from Nkwanta South Odomi attack rises to four as curfew takes effect
4 minutes -
Impakers Creative Hub earns Trade Minister’s praise at Ghana–Italy Circular Economy Dialogue
11 minutes -
Coderina EdTech donates STEM materials to support ICT, coding education in Ghana
16 minutes -
Iran recloses Strait of Hormuz, citing Israeli strikes on Lebanon
17 minutes -
Hackman Owusu-Agyeman backs St Augustine’s teachers’ housing project by APSU 2002 to mark 97th anniversry
32 minutes -
GIPC CEO courts Canadian investors in Toronto
37 minutes -
Harry and Meghan offered royal accommodation during UK visit
39 minutes -
Ntim Fordjour demands answers over Australia drug seizure linked to Ghana
40 minutes -
West Hills Mall to celebrate fatherhood with ‘Dad’s Day Out’ campaign
45 minutes -
FIFA Ranking: Black Stars move eight places up after World Cup win over PanamaÂ
48 minutes -
Google unveils biggest-ever Street View expansion in Ghana with sharper imagery and wider coverage
1 hour -
There is ‘zero chance’ Mahama will appoint a politically neutral EC deputy chairperson — Kofi Bentil
1 hour -
Sophia Akufo proved political appointees can remain impartial – Kofi Bentil
1 hour -
APSU 2002 launches GH¢5.4m teachers’ apartment project ahead of St Augustine’s 97th anniversary
2 hours