Connect with us

Hot!

We’ll still pursue Ato Essien for ¢53m debt despite jail term – Deputy AG

Published

on

Deputy Attorney General Alfred Tuah Yeboah has said the State will not give up in its quest to recover the ¢53 million from the former CEO of the defunct Capital Bank, Ato Essien despite being handed a jail term.

Mr Yeboah insisted that the amount will not be forfeited for any reason as the state needs it.

Speaking in an interview with JoyNews, the Deputy AG said encumbered assets of the convict will be traced and seized.

According to him, this will be done through a civil action that will be brought against the convict.

Advertisement

“If he serves this sentence, the State will still pursue him and get the remaining amount and so it is not as if he is going to serve his sentence and then the amount will be forfeited.”

“We are going to trace his encumbered properties and go after that in a civil action,” Mr Tuah-Yeboah said.

Mr Ato Essien was sentenced to 15 years imprisonment with hard labour by Justice Eric Kyei Baffour.

Ato’s imprisonment comes following his inability to fully pay the GH¢90m amount back to the State after agreeing to do so.

Advertisement

He earlier paid ¢30 million upfront in December 2022 and was required to pay ¢20 million as the first installment of the ¢60 million outstanding amount by April 28, 2023.

But he was only able to pay ¢5 million. In May, he was given until July 4, to liquidate his assets and pay the state GH¢55 million. This deadline elapsed without any payments made.

The state then submitted a request to the court, seeking a custodial sentence in line with the agreed terms.

Justice Eric Kyei Baffour upon a request by the convict’s lawyer deferred the hearing of the application to impose a custodial sentence.

Advertisement

Meanwhile, a private legal practitioner, Kweku Paintsil has said Ato Essien’s jailing is not surprising.

Mr Paintsil noted that Mr Essien’s jail term has nothing to do with his capability to pay the judgement sum.

However, it is the natural consequence of his noncompliance with the terms agreed with the court.

“The conviction that came as a result of his noncompliance or failure to pay the money ordered by the court is not surprising. It is the natural consequences of his noncompliance,” he told Blessed Sogah on Thursday, October 12, 2023.

Advertisement

Background

William Ato Essien, Rev. Fitzgerald Odonkor and Tetteh Nettey, a former Managing Director of MC Management Service owned by Mr. Essien were charged with 23 counts of conspiracy, stealing from the ¢620 million liquidity support given to the bank by the Bank of Ghana (BoG), to enable it to service its maturing debt.

The accused persons, according to the prosecution, opened various bank accounts with Capital Bank through which the ¢620 million BoG liquidity support was transferred while others were carried in jute bags to Ato Essien.

Source: Myjoyonline.com

Advertisement
Continue Reading
Advertisement

Hot!

UGMC disputes Michael Blackson’s claims over late mother’s treatment

Published

on

The University of Ghana Medical Centre (UGMC) has disputed claims made on social media by comedian Michael Blackson concerning the treatment given to his late mother, saying a review found that the allegations did not accurately reflect what happened during her stay at the hospital.

In a statement issued in Accra on August 5, 2026, the management of UGMC expressed condolences to Mr. Blackson and his family over the death of his 83-year-old mother, who died at the facility on July 16, 2026.

The hospital said it had taken the concerns raised by Mr. Blackson seriously and conducted a thorough review in line with its clinical and administrative procedures.

According to the statement, the facts presented by Mr. Blackson on social media contained “numerous inaccuracies” and did not accurately reflect the medical care provided to his mother.

Advertisement

UGMC explained that she was referred to the facility from another hospital and received treatment there from May 27 to July 16, 2026, a period of about eight weeks.

The hospital stated that it would not release details of her diagnosis, treatment, medical records or other aspects of her care because it had a duty to protect patient confidentiality, even after death.

It said the decision was intended to respect the dignity of the deceased and the privacy of her family.

UGMC further stated that all clinical decisions at the facility are made by qualified healthcare professionals based on medical judgment, established standards of care and the best interests of the patient.

Advertisement

The statement added that such decisions are made in consultation with authorised family representatives where necessary and that billing and financial procedures are governed by institutional policies and are separate from clinical decision-making.

The hospital noted that it values feedback from patients and their families and considers both positive and negative comments important for improving the quality of care.

Mr. Blackson had earlier used social media to criticise the care his mother received at UGMC, prompting the hospital’s response.

By: Jacob Aggrey

Advertisement
Continue Reading

Hot!

NPP suspends Greater Accra campaigns ahead of “Democracy Under Attack” demonstration

Published

on

The New Patriotic Party (NPP) has directed all aspirants campaigning in the Greater Accra Region to suspend their campaign activities on August 5 and 6 and instead mobilise supporters for the party’s planned “Democracy Under Attack” demonstration.

The directive was issued by the party’s National Steering Committee in a statement signed by the NPP General Secretary, Justin Kodua Frimpong, on Tuesday.

According to the statement, the decision forms part of efforts to ensure a strong turnout for the demonstration, which is scheduled for Thursday, August 6, 2026.

The party said the protest would begin at 5:00 a.m., with participants expected to gather at the Supreme Court in Accra.

Advertisement

It further directed Regional, Constituency and Polling Station Executives in Greater Accra to work closely to mobilise members and supporters for the event.

“The National Steering Committee is calling on all aspirants currently campaigning across the Greater Accra Region to temporarily suspend their campaign activities on the 5th and 6th of August and join in mobilising support for the upcoming demonstration,” the statement noted.

The NPP appealed to party members and supporters to remain peaceful, disciplined and orderly throughout the protest.

The demonstration forms part of the party’s response to concerns it has raised over issues relating to Ghana’s democratic governance and the justice system.

Advertisement

The NPP leadership expressed confidence that party members would cooperate fully to ensure a successful and peaceful event.

By: Jacob Aggrey

Continue Reading
Advertisement

Trending