On 7 February, KYC 360 reported that Ghanaian prosecutors charged a former finance minister for alleged crimes that contributed to the collapse of one of the West African nation’s biggest local lenders.  Kwabena Duffuor served as finance chief from 2009 to 2013, and was named along with 7 other individuals in connection with the collapse of Unibank Ghana Ltd, which was declared insolvent in August 2018.  A court filing also named Johnson Asiama, who served as a deputy governor of the Bank of Ghana until 2018, for granting a facility for the benefit of Unibank through another lender without following due procedure.

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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