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
-
11 troubling signs of emotional distance in a relationship
11 mins -
It’s good justice has finally been served – Martin Kpebu on sentencing of ex-MASLOC CEO
45 mins -
Higher Life Chapter @ Ten: Church earmarks spirit-filled activities to celebrate anniversary
2 hours -
Introduce a levy to resource Mental Health Fund – Stakeholders urge government
2 hours -
Angry Kotoko fans storm Adako Jachie to prevent Prosper Ogum, players from training
2 hours -
ECG lied about Transformer overload being responsible for power outages – PURC
3 hours -
Fuel price increase: Petrol selling at GH¢14.99, diesel going for GH¢14.80
3 hours -
Adoagyiri Zongo chiefs call on Okyehene, reaffirm allegiance to Okyeman
3 hours -
Ghana’s emerging economic potential – Ekumfi and Natural Juices Industries
3 hours -
Global economy resilient; to expand by 3.2% in 2024 – IMF
3 hours -
NDC takes on Akufo-Addo over renaming and relocation of Ameri Power Plant
4 hours -
First product of Meghan’s lifestyle brand revealed
4 hours -
West African leaders dial down on Togo mission
4 hours -
Season 5 of BMPS Show on Joy Prime takes off on April 18
4 hours -
Election 2024: EC opens applications for various positions
4 hours