Audio By Carbonatix
Plans by Social Security and National Insurance Trust (SSNIT) to remove some directors on the board of HFC Bank has been halted.
This follows the decision by two shareholders to seek a court injunction to stop the emergency gathering by shareholders come Tuesday, January 20.
The Trust was looking at removing the three directors, the board chairman Muriel Edusei, Francis Koranteng a director, and Charles Ofori-Acquah a director.
SSNIT has argued that it wanted to take that move because some of the board members have not acted in the best interest of shareholders.
Meanwhile, an Accra High Court is expected to hear the injunction today.
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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.
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