
Audio By Carbonatix
The Accra Fast Track High Court has issued a bench warrant for the arrest of the former Managing Director of the National Investment Bank (NIB), Mr. Daniel Charles Gyimah.The arrest order, according to Daily Graphic's court correspondent Mabel Aku Baneseh, follows Mr. Gyimah’s absence in court where he is facing charges of wilfully causing financial loss to the state.Gyimah who is on a GH¢500,000 bail bond has pleaded not guilty to wilfully causing financial loss of 60 million dollars to the state.He is alleged to have used the bank as a guarantor without the Board of Directors’ consent and issued 30 promissory notes valued at 60 million
dollars in May, 2007 to a private business, Eland International (Ghana) Limited.
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
-
‘It doesn’t add up’ – Minority questions PURC’s tariff increase
11 minutes -
High Court affirms ICAG’s sole authority to regulate accountancy profession
45 minutes -
A restored banking license difficult to resume operation; once collapsed ends its story
1 hour -
Kojo Mensa-Wilmot – a Molecular Biologist and Parasitologist
1 hour -
THE LAW 101: The burden of proof and the presumption of innocence – Lessons from London
1 hour -
UN says it will evacuate sailors stranded in Strait of Hormuz, as Rubio warns against tolls
1 hour -
Police arrest 186 suspects in major crackdown on human trafficking, organised crime in Ashanti Region
2 hours -
The Inconvenient Truth: Nations do not industrialise by accident—they industrialise by procurement design
2 hours -
Nandom Community Bank records GH₵81.8m asset growth as stakeholders rally for urgent recapitalisation
2 hours -
GIZ, Guinness Ghana sign MoU to boost sorghum output, target 30,000 farmers, 150 jobs in northern Ghana
2 hours -
Partey, Inaki Williams start as Queiroz makes four changes for England clash
2 hours -
LUV FACT-CHECK: NPP did not demand retraction from Kennedy Agyapong over Afari Hospital criticism
2 hours -
80 children, 1 room: Bugbelle gets room for hope
2 hours -
VRA warns public over recruitment scam, says it does not charge fees
2 hours -
Accra dons national colours as fans rally behind Black Stars ahead of England clash
3 hours