Former governor of the Bank of Ghana and majority shareholder of uniBank, Dr Kwabena Duffour, has sued the Bank of Ghana over the recent collapse of uniBank.
In a suit filed at the High Court at Accra, Dr Duffour calls for the Central Bank to invalidate the licence of the Consolidated Bank, which was formed by the BOG to take over the five collapsed banks, including uniBank.
Africawatch Magazine Exposes NPP Government In Unibank Takeover – Says The Bank Was Collapsed On Political Grounds
In its June/July 2020 edition, the Africawatch magazine has made a comprehensive report on the takeover of Unibank by government, noting that the bank was deliberately destroyed on political grounds because the bank was owned by Dr Kwabena Duffuor, a top NDC member. Unibank was placed in administration in March 2018 and subsequently consolidated as … Read more