A former Finance Minister, Dr Kwabena Duffuor, and eight others standing trial over the collapse of uniBank have been granted a GH¢60 million bail with three sureties with two to be justified.
Court correspondent, Joseph Ackah-Blay, reported that the court has also ordered the accused persons to deposit their passports with the clerk.
The presiding judge, Justice Samuel Asiedu, warned all lawyers in the case against granting interviews.
He said he will personally report them to the General Legal Council if he hears even one of such interviews anywhere.
During the proceedings Wednesday, the Gloria Akuffo, the Attorney-General accused a former Deputy Governor of the Bank of Ghana (BoG), Johnson Asiama, of contriving a scheme that saw GH¢300 million disbursed to the Universal Merchant Bank for the benefit of uniBank without following “mandatory statutory conditions.”
She explained that this was done despite the BoG official being aware of the weak financial state of the defunct uniBank.
The Attorney-General also accused Kwabena Duffuor, founder of uniBank and his company HODA Holdings of dishonestly receiving over GH¢600 million through its subsidiaries out of customers’ deposits with uniBank.
Ms Akuffo, presenting the facts of the case, charged Mr Asiamah, Dr Duffuor and seven others with falsification of accounts, money laundering, fraudulent breach of trust and willfully causing financial loss to the State.
