istanbul escort altyazılı porno

Infographic: Loans granted to related parties by UT Holdings

Infographic: Loans granted to related parties by UT Holdings
Source: Ghana | Myjoyonline.com
Date: 10-08-2018 Time: 07:08:12:pm
Share

Revelations by the Central Bank indicate what auditors term “willful deceit” on the part of shareholders and directors of defunct UT and Capital Banks. 

A 2014 Bank of Ghana (BoG) Examination and Inspection Report by Boulders and Advisors Limited also found that there was a significant amount of inter-group lending within the two banks.

This was after a review of two forms of related party transactions; first was loans granted to individuals and companies related to the bank and loans granted to companies connected to one another by ownership and directorship but unrelated to the bank group.

So which companies did UT give loans to? The infographic below gives details.

Infographic Loans UT granted to related parties


Have your say  


More News Headlines


What others are reading
Autism school nears collapse as ¢200k investment for kids is locked up
Immigration foils trafficking of 7 girls
Suspend prosecution of Menzgold CEO, help us retrieve cash - Aggrieved customers
Yolanda Cuba joins MTN as Group Chief of Digital & Fintech