The Bank of Ghana (BoG) has dismissed an official, Gilbert Addy, for gross misconduct in relation to corrupt transactions and for accepting bribes in connection with the award of a contract to Sibton Switch Systems Limited in 2016.
“Bank statements have revealed that secret and corrupt payments of GH¢410,000.00 were made by Sibton Switch Systems Limited and its parent company Sibton Communications Limited to Gilbert Addy at the Bank of Ghana via a shelf company GIB JUST Systems Limited, which was owned by him. Indeed, he was listed as Director and Shareholder of the Company,” the central bank said in a statement, Friday.
Below is the statement from the BoG
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:
Latest Stories
-
Price of LPG per kilogramme constitutes 22% of taxes – LPG Marketers Association
46 mins -
Nigeria appoint Finidi George as new Super Eagles boss
1 hour -
Elevating Ghana’s creative industry: A blueprint for competing with Nigeria and South Africa
3 hours -
Poor finishing a problem for Asante Kotoko throughout the season – Prosper Ogum
3 hours -
Samini teams up with Francis Osei for ‘Sticks N Locks’ EP
3 hours -
Government should resource record labels – Seven Xavier
3 hours -
I need majority in parliament to successfully complete my term – Akufo-Addo pleads
3 hours -
Next NDC government will not recognise illegal contracts signed by current administration – Sammy Gyamfi
4 hours -
Premier League clubs vote in favour of spending cap plans
4 hours -
Nigeria’s fuel crisis brings businesses to a halt
4 hours -
King Promise impresses fans at sold out show in Singapore
4 hours -
Ejisu by-election to proceed after plaintiff withdraws injunction application
4 hours -
CSOs and NGOs unite to push for priority demands at INC-4
4 hours -
Fuel tanker bursts into flames on Kumasi-Accra highway
4 hours -
Security is tightened ahead of Ejisu by -election
4 hours