Audio By Carbonatix
A Commercial Court ruling on Thursday February 21, 2013, awarded a $90 million judgment debt to Dominion Corporate Trustees Ltd, formerly Standard Trust Plc, an offshore company in the UK.
The Court presided over by Justice Tanko ordered the National Investment Bank (NIB) to pay the judgment debt to the plaintiff after it failed to honour promissory notes worth over worth $60 million that it had issued in 2007.
Click here for the full ruling on the judgment debt award against the NIB.
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
-
Two-year-old girl dies in domestic fire at Cantonments
35 minutes -
Asiedu Nketiah urges better working conditions for journalists
44 minutes -
JoyNews’ Precious Semevoh wins climate change reporting award at Bono GJA Awards
51 minutes -
Kumasi Central Market phase 2 to begin in October after years of abandonment
56 minutes -
Sentuo offers fuel supply reassurance as NPA sees steady output through December
2 hours -
Ghanaian smock showcased at Lesotho Tourism Summit
2 hours -
Four pupils to one desk: The painful plight of schools in New Juaben North
3 hours -
Ipswich launch investigation into racist abuse of Abdul Fatawu
3 hours -
Arrest of Techiman nurse is purely political persecution – ‘Ghana Jollof’
3 hours -
Isak nets winner as Liverpool edge Bournemouth
4 hours -
I dare gov’t of Ghana to extradite me; they can never do it – ‘Ghana Jollof’ speaks
4 hours -
Semenyo scores twice as Manchester City beat Sunderland 5-3 in eight-goal thriller
4 hours -
Parliament calls for government-private sector collaboration to improve waste management
4 hours -
Volta Region described as cleanest so far in Parliament’s nationwide sanitation monitoring
4 hours -
Parliament urges MMDAs to enforce sanitation bylaws to curb indiscriminate waste disposal
4 hours