Today, Thursday December 1, the High Court, presided over by Eric Kyei Baffour of the Court of Appeal sitting as an additional High Court Judge, will deliver its verdict in the case involving the Founder of the defunct Capital Bank, William Ato Esien, for his alleged role in the collapse of the ban.
Mr. Ato Essien and two others were accused of siphoning liquidity support from the Bank of Ghana’s 620 million bailouts (BoG).
- Collapsed Capital Bank case: Ato Essien, 3 others granted GH¢800m bail
- Ato Essien, 3 others on trial for Capital Bank collapse
According to the prosecution, the accused persons opened various bank accounts with Capital Bank through which the ¢620 millionliquidity support was transferred while others were carried in jute bags to Ato Essien.
They pleaded not guilty to the charges.
