• Latest
  • Trending
Ato Essien faces Court today after failing to pay GHc20M on April 28

Ato Essien faces Court today after failing to pay GHc20M on April 28

May 11, 2023
Charles Opoku Emerges Victorious in NPP Primaries

Charles Opoku Emerges Victorious in NPP Primaries Ahead of Assin North By-Election

June 7, 2023
We need apology, not a justification from Agyinasare – Nogokpo Traditional Council

We need apology, not a justification from Agyinasare – Nogokpo Traditional Council

June 7, 2023
Ashie Moore revokes suspension of Ayawaso-West-Wuogon Constituency Chairman

Ashie Moore revokes suspension of Ayawaso-West-Wuogon Constituency Chairman

June 7, 2023
Justice Gertrude Torkornoo

Parliament approves Gertrude Torkornoo as new Chief Justice

June 7, 2023
Koku Anyidoho reveals what Mahama did to him less than 48 hours after Mills’ death

Koku Anyidoho reveals what Mahama did to him less than 48 hours after Mills’ death

June 7, 2023
‘The energies of the land will act’ if Agyinasare defies 14-day ultimatum – Nogokpo spokesperson

‘The energies of the land will act’ if Agyinasare defies 14-day ultimatum – Nogokpo spokesperson

June 7, 2023
Showboy Released from Prison and Deported to Ghana

Showboy Released from Prison and Deported to Ghana

June 7, 2023
Sammy Gyamfi,

Electoral Commission Faces Backlash Over Political Response to Sammy Gyamfi’s Allegations

June 7, 2023
Sonnie Badu writes to Nogokpo

Sonnie Badu writes a letter to the elders of Nogokpo over Agyinasare’s issue

June 7, 2023
Assin North by-election

Majority Leader Cautions Ato Forson on Election Violence Remarks

June 7, 2023
Ayawaso West Wuogon NDC Chairman suspended

Ayawaso West Wuogon NDC Chairman suspended

June 7, 2023
Archbishop Agyinasare, Nogokpo impasse

Peace Council initiates process to resolve Archbishop Agyinasare, Nogokpo impasse

June 7, 2023
  • HOME
  • POLITICS
  • GENERAL NEWS
  • INTERNATIONAL NEWS
  • SCHOLARSHIP
  • OPINION
  • JOBS
  • SPORTS
  • Entertainment
InsiderGH.com
  • HOME
  • POLITICS
  • GENERAL NEWS
  • INTERNATIONAL NEWS
  • SCHOLARSHIP
  • OPINION
  • JOBS
  • SPORTS
  • Entertainment
No Result
View All Result
  • HOME
  • POLITICS
  • GENERAL NEWS
  • INTERNATIONAL NEWS
  • SCHOLARSHIP
  • OPINION
  • JOBS
  • SPORTS
  • Entertainment
No Result
View All Result
InsiderGH.com
No Result
View All Result
Home News Business

Ato Essien faces Court today after failing to pay GHc20M on April 28

May 11, 2023
in Business
Reading Time: 3 mins read
0
Ato Essien faces Court today after failing to pay GHc20M on April 28
Kindly share

Founder of the defunct Capital Bank, William Ato Essien is expected to appear before the High Court in Accra today after the Office of the Attorney General (AG) filed a motion urging the High Court in Accra to impose a custodial sentence on him.

This was after the convicted, Ato Essien is said to have failed to pay his first installment of GHc20 million to the State by the April 28 deadline ordered him by the court.

On December 13, last year, Mr Ato Essien, escaped jail after the court had accepted his agreement with the State to pay GHc90 under Section 35 of the Courts Act, which allows an accused to plead guilty and allowed to pay restitution and escape jail term.

Related Posts

  • BREAKING: Court detains Afia Schwarzenegger, orders her to…
  • COCOBOD case: Honyenuga orders Registrar to refer Opuni’s…
  • Sexual harassment case: Court orders registrar to take…

Before the court’s judgement, he had paid GHc30 million of the GHc90 million. It was the balance of the GHc60 million sum that the court ordered him to pay in three installments with the first to be made on or before April 28.

Justice Eric Kyei Baffour, a Justice of the Court of Appeal, who presided over that case as an additional High Court judge, ordered him to pay the money in three installments.

The court said, should the convict miss the any of the deadline by an hour, he should be brought to the court for a custodial sentence to be imposed.

AG’s motion

On May 2, four days after the deadline, the AG said, a search conducted at the Controller General’s Department indicates that, the convict has not paid any money to the State as per the orders of the court.

The AG per a motion filed at the High Court on Tuesday, May 2, is praying the court to impose a custodial sentence of Ato Essien.

“On 28th April 2023, the applicant (State) wrote to the Controller and Accountant General to ascertain whether as at close of day on the 28th April 2023 the respondent had paid the GHS20,000,000 as contained in the agreement and in fulfillment of the orders of the Court,” the motion filed on Tuesday, May 2 indicated.

It said, “in a response dated 2nd May 2023. the Controller and Accountant General informed the applicant that no such payment had been made by the respondent (copies of the said letters attached herewith and marked as Exhibits AG1 and AG2).

“That having failed to fulfill a condition imposed on him by this Honourable Court under section 35 of the Courts Act, the outstanding amount under the agreement has become due and the respondent is liable to a custodial sentence by the Court,” the AG urges.

EIB Network’s Legal Affairs Correspondent, Murtala Inusah, gathered that, even though Mr Ato Essien has not paid the full GHc20M as the first installment, he is said to have paid about GHc4M of it.

Tags: Capital BankWilliam Ato Essien
Previous Post

GLC withdraws its recognition of 3 universities’ law faculties

Next Post

Wenchi: 27-year-old Man defiles 13-year-old girl on a bench

Related Posts

Coinbase
Business

US sues Coinbase as crypto crackdown widens

June 7, 2023
China will have access to Ghana’s mineral revenue, electricity sales in default of 4 loans – IMF
Business

China will have access to Ghana’s mineral revenue, electricity sales in default of 4 loans – IMF

May 24, 2023
Best insurance Companies in the World
Business

Here Is A List of Best insurance Companies in the World According To Brokers

May 24, 2023
insurance
Business

When is the best time to get pet insurance for your dog? The answer may surprise you

May 24, 2023
Insurance
Business

Car Insurance Woes Continue for Kia and Hyundai Owners Despite $200 Million Settlement

May 24, 2023
Content of the letter Ken Ofori-Atta and Dr Ernest Addison wrote to the IMF boss for liquidity support
Business

Content of the letter Ken Ofori-Atta and Dr Ernest Addison wrote to the IMF boss for liquidity support

May 22, 2023
Next Post
27-year-old Man defiles 13-year-old girl on a bench

Wenchi: 27-year-old Man defiles 13-year-old girl on a bench

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Mahama wins NDC presidential race

BREAKING: Mahama officially declares intention to contest for presidency

February 21, 2023
soldiers at ashaiman

Ashaiman: More than 72 people arrested by soldiers – Ashaiman MP

March 7, 2023
National Cathedral

Okudzeto Ablakwa Drops Bombshell; Publishes The Mother Of All National Cathedral Scandals

January 16, 2023
Alabi Picks Forms For Mahama

Prof. Alabi Picks Forms For Mahama; Says Economy Is In Shambles, Ghanaians Need Him Back

February 22, 2023
NDC Primaries: Ten under 40 MP aspirants to watch

NDC Primaries: Ten under 40 MP aspirants to watch

February 14, 2023
NDC primaries: List Of Incumbent MPs Who Have Lost

NDC Primaries: Full List Of Incumbent MPs Who Have Lost

May 14, 2023
ghost businessman’s bribe to keep Haruna Iddrisu in office

NDC’s new minority leader rejected ghost businessman’s bribe to keep Haruna Iddrisu in office

January 27, 2023
NDC Primaries: Checkout The Full List Of Winners Across All The Regions

BREAKING: NDC Changes Its Leadership In Parliament

January 24, 2023
If you had good intentions for NDC, you would have engaged party elders – Zita to Duffour

If you had good intentions for NDC, you would have engaged party elders – Zita to Duffour

13
NDC Primaries: Checkout The Full List Of Winners Across All The Regions

BREAKING: NDC Changes Its Leadership In Parliament

10
Ablakwa

How Adom-Otchere triggered Ablakwa to release latest set of allegations against Rev. Kusi Boateng

9
Supreme Court turned into Stupid Court comment: I’m not talking of Ghana’s judiciary – Kpessa-Whyte clarifies

Supreme Court turned into Stupid Court comment: I’m not talking of Ghana’s judiciary – Kpessa-Whyte clarifies

9
Dr Peter Appiahene

Video of newly appointed EC commissioner Dr Peter Appiahene defending Akufo-Addo’s gov’t pops up

8
Sophia Akuffo

‘You don’t solve your problems by sacrificing the aged’ – Sophia Akuffo

8
Duffuor calls for postponement of NDC primaries

Duffuor calls for postponement of NDC primaries

8
James Keck Osei

Details of how Director of Administration at vice president’s office attempted to steal a businessman’s imported rice

8
Charles Opoku Emerges Victorious in NPP Primaries

Charles Opoku Emerges Victorious in NPP Primaries Ahead of Assin North By-Election

June 7, 2023
We need apology, not a justification from Agyinasare – Nogokpo Traditional Council

We need apology, not a justification from Agyinasare – Nogokpo Traditional Council

June 7, 2023
Ashie Moore revokes suspension of Ayawaso-West-Wuogon Constituency Chairman

Ashie Moore revokes suspension of Ayawaso-West-Wuogon Constituency Chairman

June 7, 2023
Justice Gertrude Torkornoo

Parliament approves Gertrude Torkornoo as new Chief Justice

June 7, 2023
Koku Anyidoho reveals what Mahama did to him less than 48 hours after Mills’ death

Koku Anyidoho reveals what Mahama did to him less than 48 hours after Mills’ death

June 7, 2023
‘The energies of the land will act’ if Agyinasare defies 14-day ultimatum – Nogokpo spokesperson

‘The energies of the land will act’ if Agyinasare defies 14-day ultimatum – Nogokpo spokesperson

June 7, 2023
Showboy Released from Prison and Deported to Ghana

Showboy Released from Prison and Deported to Ghana

June 7, 2023
Sammy Gyamfi,

Electoral Commission Faces Backlash Over Political Response to Sammy Gyamfi’s Allegations

June 7, 2023

Recent News

Charles Opoku Emerges Victorious in NPP Primaries

Charles Opoku Emerges Victorious in NPP Primaries Ahead of Assin North By-Election

June 7, 2023
We need apology, not a justification from Agyinasare – Nogokpo Traditional Council

We need apology, not a justification from Agyinasare – Nogokpo Traditional Council

June 7, 2023
Ashie Moore revokes suspension of Ayawaso-West-Wuogon Constituency Chairman

Ashie Moore revokes suspension of Ayawaso-West-Wuogon Constituency Chairman

June 7, 2023
Justice Gertrude Torkornoo

Parliament approves Gertrude Torkornoo as new Chief Justice

June 7, 2023
InsiderGH.com

InsiderGH.com is the fastest growing socio-political news portal in Ghana. Get all breaking news updates, latest news headlines, local and international stories, showbiz, lifestyle etc.

Follow Us

Browse by Category

  • Apps
  • Business
  • Entertainment
  • Fashion
  • Food
  • Gadget
  • Gaming
  • GENERAL NEWS
  • Health
  • INTERNATIONAL NEWS
  • Lifestyle
  • Mobile
  • Movie
  • Music
  • News
  • OPINION
  • POLITICS
  • Review
  • SCHOLARSHIP
  • Science
  • SPORTS
  • Startup
  • Tech
  • Travel
  • World

Pages

  • ABOUT US
  • CONTACT US
  • COOKIE POLICY (EU)
  • DISCLAIMER
  • HOME
  • PRIVACY POLICY
  • Terms and Conditions
  • TERMS OF USE

Copyright © 2020 - 2023, InsiderGH.com. All rights reserved.

No Result
View All Result
  • HOME
  • POLITICS
  • GENERAL NEWS
  • INTERNATIONAL NEWS
  • SCHOLARSHIP
  • OPINION
  • JOBS
  • SPORTS
  • Entertainment

Copyright © 2020 - 2023, InsiderGH.com. All rights reserved.