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
-
Police commend Kpando MCE for rehabilitating District Headquarters
9 minutes -
Government adjusts border security and narcotics meeting invitations after Sammi Awuku raises concerns
14 minutes -
Zonda Tec expansion to create 1,000 indirect jobs – Mahama
23 minutes -
Kit Up Ghana Foundation donates jerseys to Achimota Basic School
25 minutes -
The Infrastructure of Resilience: Why Africa’s climate future is an engineering problem we are failing to solve
31 minutes -
I’m not contesting Tema Central in 2028 – TDC boss Nunekpeku
37 minutes -
One Week Observation – Obaapanin Julian Seiwaa Gyimah
46 minutes -
Withholding audit information or underreporting on COVID-19 fumigation is a serious offence—Domelevo
50 minutes -
Mahama urges banks to offer long-term financing for locally assembled cars
52 minutes -
Accra set to go ‘All Out’ as Guinness Ghana DJ Awards 2026 Pub Fest comes off on September 25
53 minutes -
Sterling admits dangerous driving after M3 crash
54 minutes -
Vehicle assemblers must meet local content threshold to enjoy VAT exemption – Mahama
58 minutes -
Health Ministry secures new US employment pathway for qualified Ghanaian nurses
1 hour -
GRIDCo completes 4km, 161kV transmission line linking Yendi Solar to Tamale-Yendi network
1 hour -
Government to regulate EV charging stations to protect power stability – Mahama
1 hour