Audio By Carbonatix
State Attorneys have preferred fresh charges against ex-National Investment Bank (NIB) boss Mr. Daniel Charles Gyimah.
Gyimah was hauled before a Circuit Court six months ago over charges of causing financial loss to the state, for allegedly guaranteeing 30 promissory notes worth $60 million to a local commodity buyer Eland International, without seeking approval from the bank’s board.
Joy News’ Bernard Nasara Saibu was at the Circuit Court on Friday and reported that an official from the state prosecution said she had been instructed to transfer the case to the High Court, a request granted by Justice E Daketse.
It was at the High Court that the new charges of conspiracy to commit crime, attempted fraud, attempting to defraud the international banking community and forgery were preferred to replace earlier charges of attempting to commit crime and forgery.
Lead counsel for the defence, Col Rtd Alex Johnson accused prosecution of fishing for new charges and demanded they be allowed to study them thoroughly.
Court adjourned the case to the 17th of September, 2009, imposing a GH¢500,000.00 bail bond on the ex- NIB boss.
Lawyers are still trying to secure bail for their client
Story by Nathan Gadugah/Myjoyonline.com/Ghana
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
-
Mahama Ayariga leads NDC delegation to Bawku ahead of Samanpiid Festival
4 hours -
Edem warns youth against drug abuse at 9th Eledzi Health Walk
7 hours -
Suspension of new DVLA Plate: Abuakwa South MP warns of insurance and public safety risks
8 hours -
Ghana’s Evans Kyere-Mensah nominated to World Agriculture Forum Council
8 hours -
Creative Canvas 2025: King Promise — The systems player
9 hours -
Wherever we go, our polling station executives are yearning for Bawumia – NPP coordinators
9 hours -
Agricultural cooperatives emerging as climate champions in rural Ghana
9 hours -
Fire Service rescues two in truck accident at Asukawkaw
9 hours -
Ashland Foundation donates food items to Krachi Local Prison
9 hours -
Akatsi North DCE warns PWD beneficiaries against selling livelihood support items
9 hours -
Salaga South MP calls for unity and peace at Kulaw 2025 Youth Homecoming
11 hours -
GPL 2025/2026: Gold Stars triumph over Dreams in five-goal thriller
12 hours -
Ibrahim Mahama supports disability groups with Christmas donation
12 hours -
2025/26 GPL: Berekum Chelsea come from behind to beat XI Wonders 3-1
12 hours -
NACOC dismantles drug dens in Eastern and Greater Accra regions in ‘Operation White Ember’
12 hours
