Audio By Carbonatix
The Receiver for Unibank Ghana has sued the former owner, CEO of the bank and eight other shareholders for their unlawful actions which contributed to the collapse of the financial institution.
In a writ of summons, Nii Amanor Dodoo, said the Dr Kwabena Duffour, Hoda Holdings Limited, Integrated Properties, Dr Kwabena Duffour II, Ekow Nyarko Dadzie-Dennis and Boatemaa Kakra Duffour-Nyarko “are jointly and severally liable for the repayment of ¢5.7 million (together with applicable interest) to the Plaintiff.”
The Receiver claims that “the various transactions identified in this action and variously described in the Statement of Claim, resulting in Unlawful Loans, the Unlawful Advances, the Unlawful Guarantees as well as the acquisition of properties and assets in the name of shareholders, their related interests and/or connected persons are unlawful.”
Nii Amanor Dodoo said by so doing, Dr Kwabena Duffour II, Ekow Nyarko Dadzie-Dennis and Boatemaa Kakra Duffour-Nyarko have breached their duties to him and are liable for all losses occasioned by their act of breach.
Below is the writ
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
-
PETROSOL engages dealers to strengthen retail network and improve customer experience
10 minutes -
GRIDCo warns encroachers as activities under high-voltage lines threaten power supply
17 minutes -
The coup doesn’t need soldiers anymore: Social media and the new assault on African democracy
27 minutes -
Works and Housing Minister pushes to cut Kaneshie road closure from one year to 6–9 months
30 minutes -
Joy FM Back-to-School Fair: Patrons to enjoy up to massive discounts from vendors
48 minutes -
Mahama gives TMA, TDC 14 days to resolve development control dispute
49 minutes -
‘We cannot arrest the entire school, but we know the ringleaders’ –– Police warns Okuapem, Mount Sinai students
57 minutes -
UN warns of ‘supersized’ El Niño as countries prepare for impact
57 minutes -
Channel smuggling gangs resort to ‘mega-dinghies’ as crackdown limits small boat supply
58 minutes -
Embattled Spanish PM Sánchez insists no prior warnings before Ceuta crisis
58 minutes -
Palestinian teens killed during settler attack on West Bank village, officials say
58 minutes -
Foreign Affairs Ministry responds to Fourth Estate attestation investigation, bars middleman from premises
59 minutes -
Zanetor Agyeman-Rawlings calls for balance between development and environment protection
1 hour -
About 17% of 2026 BECE candidates had aggregates 6–18 – CSSPS
1 hour -
CSSPS explains how raw scores can override aggregate in SHS placement
1 hour